Elia Caputo
Mother of 2 Teen girls w/2 short ter, 1 long term, 1 fixer-upper, 2 lot and growing.
7 November 2024 | 12 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Sahara Faughn
Please advise - Covid-19 partial claim, Preforeclosure auction and home sale
14 November 2024 | 12 replies
Extensions are likely granted, if needed.You will receive $3k relocation assistance at the end ( unless you have other liens, back due water/sewer/HOA etc. ) You can also stay in the home until the sale closes, which gives you at least a few months payment free to be able to figure out where you will relocate.
Isadore Nelson
Rental Demand Philidelphia?
11 November 2024 | 20 replies
They also have ammenties you might not like: pools, gyms, WFH areas, etc.Then you have areas like temple that area not renting well because of the surrounding location of university and lower demand for students to live there.
Grayson Landon
Extremely slow and incompetent contractor
11 November 2024 | 2 replies
They almost flooded the entire ceiling the first day because they couldn't even figure out how to turn the water all the way off.I am looking for an answer on how I can deal with this.
James Kiefer
New member starting out!
8 November 2024 | 21 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Vaibhav Bakre
Maintenance repair costs for a 40 years old house
10 November 2024 | 2 replies
You mentioned the roof and AC being new and i'm assuming they're in good condition.10% should be enough to cover the random water heater that goes or any other lesser headache.
Michael Baum
Fed cuts rates by .5%
9 November 2024 | 87 replies
Both parties as long as I can remember want interest rates at 0. in order to inflate the assets of their donor pool which holds stocks, bonds and real estate.
Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
(Making judgements based on family status, number of kids, medical animals, etc etc..)4) When you get that first repair call 10pm Saturday night for a leaking roof or water heater do you have a trusted/dependable guy to call and get it fixed that night?
Connor Bartle
Malicious Tenant Ran was for 2 months
8 November 2024 | 2 replies
However, upon finally gaining access to the home it appeared that the water was running from every faucet in the house.
Joe Barty-King
What are the best ways to find cash buyers/investors?
13 November 2024 | 13 replies
Crowdfunding can be a great way to leverage the above strategies’ benefits while reaching a larger and broader pool of capital.Google AdwordsPay-per-click (PPC) advertising campaigns using Google Adwords can be great.