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2 October 2024 | 4 replies
I currently house hack a 3 family, and is hungry for more.
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3 October 2024 | 6 replies
Are there specific topics you think more people in the space should know about that we could open up for discussion?
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30 September 2024 | 6 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
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3 October 2024 | 9 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.
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27 September 2024 | 16 replies
Disposition isn't as big of a concern as I'm seeing alot of cash purchases above 1mil.Just my 2 cents
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27 September 2024 | 47 replies
Hey Drew, thanks a lot for the in-depth class breakdown.
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3 October 2024 | 2 replies
I only have two more Spanish classes left to complete my degree, but since they must be taken consecutively, I have extra time on my hands.
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29 September 2024 | 13 replies
You can read the whole saga and a roundup of the many different accounting and property management platforms I looked at over at my original post.
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4 October 2024 | 8 replies
Investors here are much more knowledgeable and helpful than the CPA we hired.
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25 September 2024 | 20 replies
Thanks for taking the time to read this post and look forward to talking with everyone more!