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24 February 2024 | 1 reply
Luckily the construction was funded last year as a rebound in hospitality is expected.
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24 February 2024 | 0 replies
The last two projects I completed were remodeling the backyard and a gut renovation of the bathroom.
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24 February 2024 | 8 replies
Lastly , Based on my experience . if you are hitting up 100 pips and maybe contacting 50 or 30 , maybe the approach and sales skills might need to be tune out..
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24 February 2024 | 30 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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23 February 2024 | 1 reply
Last year was the year of property insurance rates skyrocketing.
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23 February 2024 | 2 replies
I use it to collect rent, and this last year I've used it to market my place online.
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24 February 2024 | 13 replies
They've kept saying all last year there is "too much money out there..."
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24 February 2024 | 20 replies
I just got back last night from a 2-day trip to Mississippi.
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21 February 2024 | 2 replies
As the title says: I need some advice: I bought a home last year as a first-time home buyer.
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24 February 2024 | 7 replies
Also recognize that if there are more defaults in the association, again your buyer pool will be very low as investors typically do not like condos and most owner occupied borrowers do not have cash.IF I was buying that many units I would also have a third party engineering study done or ask the HOA when the last one was done.