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10 February 2025 | 6 replies
Even if you're the GC not swinging the hammer, you need a license.
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1 February 2025 | 1 reply
Quote from @Carson Hyland: Even if you buy the right property, failing to manage it well will kill your cash flow.
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2 February 2025 | 9 replies
These days, even properties with nice amenities like pools need to go the extra mile to capture attention and bookings.
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15 January 2025 | 15 replies
I use pricelabs on all my listings and have really enjoyed it.
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1 February 2025 | 1 reply
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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20 February 2025 | 7 replies
There are many ways to house, and even more way to plan for the future with 1031 exchange and Primary Residence strategies!
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3 February 2025 | 47 replies
In your case, you are probably better off buying a break-even deal in Tampa then a deal with $200 cash flow OOS.
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15 February 2025 | 7 replies
I'm not even going to show it to them.Just be careful that your prescreening questions/discussions follow Fair Housing law and are asked of everyone.
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6 February 2025 | 9 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.