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12 November 2024 | 171 replies
The Inland properties boast pretty decent weighted average ARR's on their past properties, with a total average of 6.72%.
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4 November 2024 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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8 November 2024 | 38 replies
Probably best to look elsewhere accordingly, as the availability of properly zoned STRs is quite limited.  Â
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4 November 2024 | 14 replies
I would absolutely collect that from them if they were properly notified
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3 November 2024 | 4 replies
If they do allow it, a third unit will need proper egress to get confirmed.
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4 November 2024 | 9 replies
Agreed with the above posts,  for $500 or less you can likely get a RE attorney  to get your ducks in a row to do the eviction properly. Â
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9 November 2024 | 21 replies
I see the value in not being overwhelmed because of a failure to properly build a situation with systems and organization.
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11 November 2024 | 22 replies
I would really drill down on how and why it got to be so expensive, why they didn’t let you know before doing the work, and let them know you would have gone with the $9k bid had they communicated properly, then see if they will negotiate with you.
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7 November 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+ (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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30 October 2024 | 0 replies
Lengthier Escrow PeriodsNew flippers, unestablished in the market, will feel the weight of this bill most acutely.