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3 May 2024 | 2 replies
I would highly recommend attending this as often as you can.
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3 May 2024 | 1 reply
Specifically in this sellers market where the rental demand is so high.
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3 May 2024 | 35 replies
With housing prices and all prices so high, multi-gen households will be more common here in the US like it is in other cultures and HH is an excellent option for older and younger family gens to stay closer and save $.
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3 May 2024 | 11 replies
But, we highly recommend it.
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3 May 2024 | 7 replies
Highly recommend you connect with him if you haven't already.
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3 May 2024 | 7 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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2 May 2024 | 9 replies
The high season is May/June/July/Oct.
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4 May 2024 | 18 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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4 May 2024 | 12 replies
@Kyle Klineall great questions and this is the challenge right now with both prices and rates high.
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3 May 2024 | 7 replies
but if they cannt afford 20% down ($60K), they are a high risk of not making payments; and there are legal costs to foreclose and get your property back