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8 January 2025 | 5 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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9 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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7 January 2025 | 5 replies
(My next visit being Jan 22 - Feb 4)My full time job...
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13 January 2025 | 23 replies
The most useful switch I made was from a vendor who kept insisting the water was fine (it wasn't and no, the chemicals didn't just need more time) to a true pro who doesn't gouge us for maintenance and does a consistently great job.
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12 January 2025 | 20 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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7 January 2025 | 5 replies
The job market is tight here in Lake County right now.
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12 January 2025 | 8 replies
If you made those free they'd be complaining about jobs or supermarket deserts or lack of public transportation or some other issue.
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6 January 2025 | 8 replies
Get a paying job with the 40 hours you free up.
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3 January 2025 | 4 replies
This is a hard job.
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3 January 2025 | 11 replies
He had a tech job and we talked the business and he was legit and when meeting the family, they were very respectful.