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7 June 2024 | 5 replies
Not ideal but it's very close to Newman and Friends.
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7 June 2024 | 13 replies
Any idea what strategy you are interested in or how close you are to being able to execute?
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7 June 2024 | 0 replies
I currently own three single-family rentals and just closed on my first multi-family property, a fourplex.
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7 June 2024 | 2 replies
If this potential buyer were unscrupulous, they could easily contact the seller afterward so why do they need to be watched closely during the walk-through?
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5 June 2024 | 27 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+, 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, 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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7 June 2024 | 11 replies
Thank you in advance.Also as far as what I put in the letter, I usually say that me and my partner are looking for properties that need work, and can pay cash and offer quick closing.
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6 June 2024 | 4 replies
Also, we plan to make the farmhouse and growing building/s nearly net zero, which will lower cost of utilities to zero.
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8 June 2024 | 11 replies
One advantage is that it's easy to manage because it's close to your primary home.
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7 June 2024 | 17 replies
Have all the paperwork signed and once the house closes, he can move into a hotel until he finds a place to live.
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6 June 2024 | 4 replies
Closing had some hurdles...but they had a vision for their portfolio (and within reason) were willing to get creative and stayed tenacious when the transaction got challenging.