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2 May 2024 | 2 replies
My issue is figuring out how to cash flow it.It’s hard to get accurate numbers with Cleveland properties ranging in quality.
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2 May 2024 | 23 replies
I'm not an expert in Athens to be honest.But I'd look mostly into areas close to the metro (underground) stations, and also into the high end areas...
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4 May 2024 | 8 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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3 May 2024 | 10 replies
Do I need to hire an attorney to evict my tenant who, is a single mother with 2 high school kids?
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3 May 2024 | 11 replies
It's definitely not more than 8 hours per month to manage this from a high level.
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3 May 2024 | 2 replies
You can also ask for a 'Seller Credit" which helps cover closing costs or buy the rate down if you come in high enough on the purchase offer.
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4 May 2024 | 66 replies
First, a title search is only as good as the searcher doing the search and the quality of the records being searched.
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3 May 2024 | 25 replies
SD has a historically high appreciation rate and it sounds like you also did a lot of work to it.
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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.