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7 January 2025 | 12 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
6 January 2025 | 1 reply
The Numbers:Cash Flow Analysis: Investors typically look for properties that will generate positive cash flow—meaning the income from rent covers the property’s expenses (mortgage, taxes, maintenance, etc.) and then some.
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1 January 2025 | 5 replies
Obviously the HOA is keeping values in this neighborhood down because an owner would have a mortgage plus another $715/mo for the HOA, which only covers use to a community center but nothing else.Besides holding costs, is there anything else I should be concerned with for a flip on a land lease?
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12 January 2025 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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2 January 2025 | 6 replies
They cover west wood and other west side areas but there are certain places they said they would not cover such as college hill.
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5 January 2025 | 5 replies
There’s a smaller hospital nearby and a large one the city up but I don’t think the nearby ones cover the point you’re making.
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30 December 2024 | 4 replies
Are the renters or the landlord expected to cover rent during the evacuation?
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4 January 2025 | 9 replies
We are now suing them in TX small claims court as the security deposit was not enough to cover the 2 - 3 months rent after they trashed the house.
4 January 2025 | 7 replies
Hi Melissa - Yes, I saw these and I’m leaning towards https://learntitlesearching.comthe content creator is on YouTube there’s ‘about’ page contact info, phone, email etc.The other class might be fine~ but site is missing ‘about’ info, no contact no name, no phone no number no email- not clear who they are.ALTA is specialized/ costly (I’m requesting some cost covered by a job training program) so far I took a few quick low cost basic classes here: Understanding title reports , Basics of Title reports and escrow from online edhttps://www.onlineed.com/catalog?
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26 December 2024 | 27 replies
It is much more helpful than pictures to see you aren't hiding anything.