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14 January 2025 | 10 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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18 December 2024 | 9 replies
Everything stays on Airbnb and we essentially just handle tasks for the owners, which happen to be most of the tasks for managing a property.
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2 January 2025 | 14 replies
Year 1, I intend to keep my W2 job while i work to get my small business going.
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30 December 2024 | 7 replies
It is just a job, not RE investing.Save up and buy your own place to Truley create wealth and not just make an actual owner money.
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28 December 2024 | 12 replies
Cleaner is paid a fixed rate for a specific job, you are paid a % of revenue.
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28 December 2024 | 1 reply
Where I have a Handyman Business that I started when I retired from a Government job after 30 years.
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23 December 2024 | 20 replies
Plan my next day 6 most important tasks - I've been on top of this, but still a challenge to get them all crossed offPlus, most importantly, we have 4 projects here in Chicago we are working to bedone before the end of the year so we can start some new projects off on the right foot!
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30 December 2024 | 14 replies
They do a good job of regularly releasing episodes and they frequently talk about starting out with their initial capital pool and growing their business.
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29 December 2024 | 14 replies
If you don't, you should get to it and be there now, that's your job as landlord.
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30 December 2024 | 24 replies
Property Managers want to make their lease up job as easy as possible and bringing a property up to like new condition is one way of doing that.