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19 September 2024 | 6 replies
All, I consider myself a beginner in real estate investing, but savvy in business/finance.
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27 September 2024 | 6 replies
All by itself, that represents about 18% growth from 2016's record-setting volume of container traffic.Retail Sector- The opening of the, Meridian at the Port, apartment complex will bring hundreds of new residential units downtown.
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27 September 2024 | 6 replies
For those who meet all of our criteria, we do not ask for last months.
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27 September 2024 | 1 reply
This approach allows you to manage the property closely, benefit from homeowner loan terms, and potentially increase its value with improvements before renting it out.As you transition the townhouse to a rental, ensure the rent covers all expenses and provides a profit.
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26 September 2024 | 8 replies
I'm looking forward to any and all engagement on this post!
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29 September 2024 | 16 replies
I explain that I assume that all my tenants are reasonable adults and will negotiate parking amongst themselves.
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27 September 2024 | 13 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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26 September 2024 | 17 replies
@Karolina Powell, and to sum it all up: seller's numbers are meaningless.
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26 September 2024 | 7 replies
Finally, **transparency and trust** are vital; a lender who is upfront about all costs and willing to work through challenges builds long-term relationships with investors.