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23 January 2025 | 21 replies
Many of these are low income, government subsidized housing units.
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24 January 2025 | 11 replies
You need to have the income and tax liability to support the depreciation.
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27 January 2025 | 18 replies
For instance, the SEC doesn't define income or net worth for non-accredited like they do for accredited.
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30 January 2025 | 56 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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27 January 2025 | 25 replies
If you're looking for steady rental income, Cleveland could be a solid choice.
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4 February 2025 | 11 replies
An ITIN is often required for tax purposes when earning rental income in the US as a non-resident.Please feel free to PM me with any questions.
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22 January 2025 | 3 replies
I would slow down and think about your BUDGET, what you can get for $30k, and how you can increase your income.
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24 January 2025 | 0 replies
Rent: Stabilizing the Property for Cash FlowOnce the property is rehabbed, the next step is to find tenants and begin generating rental income.
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20 February 2025 | 11 replies
If the deal is in a good area, well taken care of, generates income, and will attract good tenants then i wouldnt worry about anything else.
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25 January 2025 | 14 replies
It also offers a chance to shift into something more passive, reducing the hands-on management that seems to be more of a hassle now that you’ve moved.That said, the rental income potential from your properties is worth noting, but there’s a limit to how much you can boost your cash flow, especially after already making significant upgrades.