
28 October 2024 | 3 replies
They might have even been cash flow negative!

1 November 2024 | 48 replies
Be careful of financial items or “investor hours” and travel.Think this way: “If I did not do this (Insert Task) would be STR be negatively affected”?

6 November 2024 | 54 replies
We then ranked states from best to worst for each category.Drought: The likelihood of negative economic impacts as a result of drought, the number of people and fresh water sources exposed, and the state's ability to recover or adapt to a future with droughtExtreme heat: Projected number of dangerously hot days by 2050 and the percentage of people vulnerable to dangerously high temperaturesWildfires: Fraction of housing units directly or indirectly exposed to wildfire, as well as wildfire likelihood and home susceptibilityFlooding: Percentage of people living in 100 and 500-year floodplains, projected 30-year increase in number of properties with flood risk, and the percentage of the population living in a 100-year coastal floodplainClimate change preparedness: How well each state is responding to current and future climate change threats

26 October 2024 | 1 reply
As long as the investor does not expose himself to negative cash flow for long periods of time, over any 5 year and definitely 10 year period the real estate market in general should recover enough to provide a positive value change for most real properties.

28 October 2024 | 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.

28 October 2024 | 40 replies
Booked every night for a month, doesn't even cover the mortgage, let alone the cleaning fees and maintenance of the pool, etc. and if you have a property manager, you have to be cashflow negative.

29 October 2024 | 131 replies
They have made a lot of false advertising claims that their contract you sign with the program specifically negates so you cannot sue for any reason.

31 October 2024 | 29 replies
Having an agent to help with negations is also beneficial.

26 October 2024 | 14 replies
They do say they have a one time fee for debt collection and I suppose negative reporting with a 30 day delay and dispute process.

30 October 2024 | 236 replies
Every experience I’ve had with a wholesaler has been a negative experience, where they’re clearly criminals masquerading as businessmen.