Michael Beirne
Section 8 BRRRR in Baltimore
11 January 2025 | 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.
Patrick OHalleran
Feedback on The RealEstate CPA group (Hall CPA)
16 January 2025 | 6 replies
Would recommend.I will be using the firm for my 2022 tax return (1040 and 3 LLC's), expensive (about $5k-6k) but given they've assisted with the tax planning I'm hopeful the synergy will provide the best outcome.Happy to answer any add'l questions.Pat Hi Pat,Just want to confirm, that is HallCPA fee for filling 2022 tax for one 1040 and 3 LLCs?
Melvin Lamont Evans
The Ultimate Guide to Prospecting Pre-Foreclosures: Do's and Don'ts Revealed
18 January 2025 | 0 replies
Crafting targeted messages aimed at distressed homeowners can help establish a connection and encourage them to reach out for assistance.
Austin Bull
AI and REI
29 December 2024 | 8 replies
Even something as simple as utilizing ChatGPT to speed up certain processes such as asking for generalized information on a market's demographics and immigration patterns can be useful and save a lot of time.
Dustin Horner
Hiring FT or PT
6 January 2025 | 5 replies
@Dustin Horner 10 units probably won't even cover PT.Unless you plan to scale to 50+ units, you're probably better off hiring a PMC.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
As I grow I will hire a virtual assistant to take a few more tasks off my plate to allow me to live the same lifestyle.
Keegan Schaub
Residential or Commercial? Advice
11 January 2025 | 1 reply
With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.
Sean Doyle
Best Section 8 Markets
9 January 2025 | 30 replies
The result is we have supervisors and executives we can reach out to assist us if a property is truly being ignored by a case manager.Is it work?
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
(I even got a “top fan” icon.
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
Our team also focuses heavy on STR management and assisting in renovation to get higher dollars per night.Let me know if you free for a call sometime.