Russ Desatoff
Tips for Finding a Renter?
15 November 2024 | 12 replies
Do you have any tips or avenues I can take to help them out with marketing my property to find a renter.
Bliss Hu
Mid 20s tech worker in NJ, trying to figure out how to invest 300k in savings
26 November 2024 | 13 replies
So your tenant pool is extremely important if not the most important thing to look at when investing in NJ.
Amanda Skipper
First time out of state investor
23 November 2024 | 38 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Nik Farooqui
New Member- Let's Connect
29 November 2024 | 24 replies
I’m interested to know what first steps you took and any tips you might have for someone just beginning.
Daniela Amador
The Monkey Cottage
21 November 2024 | 0 replies
In the backyard, what was previously grass and concrete was completely transformed into a lush vacation oasis, complete with a luxury pool, expansive deck, custom mural, chic furniture and hot tub for the ultimate tropical experience.
Tan Pham
Tree Trimming Responsibility
20 November 2024 | 3 replies
I don’t even let my tenants take care of our pools.
Scott Champion
I have $200,000.00 cash to invest.
21 November 2024 | 20 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Shay Snipes
Moves in Memphis
21 November 2024 | 8 replies
I’m looking for some valuable tips on up-and-coming areas and would really appreciate any insight you can offer.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
Was never interested in purchasing their training but certainly some of the tip they gave for FREE were helpful.
Elwin Green
Just introducing myself
25 November 2024 | 14 replies
@Elwin GreenWelcome to the community and be ready for a huge amount of information at your finger tips.