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14 February 2024 | 32 replies
It seems that I can't go the conventional loan route under my personal name because I have no W2 income since I was self employed for the last 10 years and I have been transitioning out of those business endeavors for the last 2 years therefore I have no real income to show.
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14 February 2024 | 31 replies
Lastly, I'm looking for some advice on how to narrow down what market I'm looking at.
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13 February 2024 | 6 replies
Hello all, I’m new to world of real estate investing and just closed on my first multi family property in October of last year.
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13 February 2024 | 4 replies
With more people gainfully employed and financially secure, the demand for housing tends to increase.The Kansas City Chiefs' Super Bowl win has proven to have a profound and lasting impact on the local real estate market.
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13 February 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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13 February 2024 | 1 reply
I bought my first rental property last May.
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13 February 2024 | 3 replies
I gave him a pay or quit notice last time I saw him on Feb 3, 2024.
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13 February 2024 | 6 replies
I have some clients that own a house with two connected apartments that have been rented out at a $1,000 a week each for the last 2 years thanks to BIW...and I have been there...I wouldn't pay $1,000 a month to live there, but it works.
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13 February 2024 | 14 replies
Initially, the seller agreed to cover the costs of septic system decommissioning and sewer connection, which sounded great.The seller's agent contacted my agent late last night to inform us that our offer had been accepted.
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14 February 2024 | 0 replies
As a separate asset class, owning real estate investment properties has become one of the most popular investment vehicles over the last 50+ years.