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2 October 2024 | 1 reply
Hi All,I have been renting my 4 bed 2 bath SFH for over two years and have had many troubles with the tenant(Initiated an eviction process ).
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2 October 2024 | 3 replies
I wish you all the best in your investing journey!
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1 October 2024 | 13 replies
Real estate investing is a long game.I wish you all the best.
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2 October 2024 | 2 replies
I got my real estate license in my late 20's, kept updated on continuing education, but only activated the license after all my kids started school.
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2 October 2024 | 5 replies
I've never seen an "All Other Perils" deductible restricted to percentage of the policy.
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3 October 2024 | 7 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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1 October 2024 | 5 replies
Hi @Karen DiNapoliGood question.In my opinion: it's all about the cash flow, not necessarily about the taxes or the other expenses.So for example, I live in the Philadelphia area and in West Philadelphia the taxes are lower than they would be in the county outside the city where I normally invest.
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3 October 2024 | 8 replies
It's about buying, fixing up, letting out, getting a new loan, and doing it all over again.
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2 October 2024 | 4 replies
All contractors and all subcontractors need the SAME set of plans and it saves so much time not having to measure and re-measure.
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2 October 2024 | 15 replies
What I mean is that your deal has to be awesome for someone to be willing to front ALL the money - and for that service you will pay ”a pretty penny” as the phrase goes.