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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.
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2 February 2025 | 2 replies
If we see any reduction in interest rates in the near future, we expect the market to become even more active, which would only amplify the already noticeable shift.Jan 1, 2020 to Jan 31, 2025 Mortgage RatesIn summary, while we are still navigating some uncertainties with higher rates, the outlook for the Las Vegas real estate market in 2025 is promising.
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19 February 2025 | 17 replies
It provides basically a tenant portal where you can upload copies of the lease, manage electronic payments, even do other things as well like maintenance requests.
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31 January 2025 | 5 replies
They just came out with a BabyBox, even smaller one that circumvents state housing lows and falls in as an RV.
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9 February 2025 | 3 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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19 February 2025 | 23 replies
You might be breaking even or losing a bit of money the first year or two while you stabilize it.
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9 February 2025 | 5 replies
I have a house where the information bubble (assessment, stats, value) is a house two blocks away, even shows a street view picture.
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4 February 2025 | 17 replies
So why would you pay even close to what they paid at the peak of the market in 2022?
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10 February 2025 | 9 replies
licenseI...It's one thing to have your contractor's license revoked for 7 legal actions, it's even worse when you don't make amends when you clearly can.
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19 February 2025 | 4 replies
There are a bunch of properties that run on Padsplit in Jonesboro (even closed on a few weeks ago).