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3 May 2024 | 1 reply
(Low Maintenace, High Demand).
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4 May 2024 | 8 replies
I would highly suggest bring a profesional with you, when you visit the property to inspect the fan.
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2 May 2024 | 9 replies
Since I will be leaving my corporate job and effectively self-employed as I manage most of my MF portfolio, can I roll my retirement savings into a Solo 401k and invest in RE with the money?
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4 May 2024 | 6 replies
With these high interest rates, now is not a good time.
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4 May 2024 | 14 replies
For this reason, I highly recommend the 2 BR option over the 1 BR.
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2 May 2024 | 2 replies
There have been other sponsors that have sounded interesting to me, but I usually listen while I'm driving or running and can't easily stop and write down the name of the sponsor, seems like it would be more effective advertising to list them in the show notes, or to have one page where BP lists all the podcast sponsors so you can go back to get more information.
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3 May 2024 | 12 replies
That way on a 75-80% cashout you can recoup your cost, and possibly add additional cash to your operating account, to scale your progress toward building a portfolio.It's not going to happen overnight but with consistent investments, each additional property should add equity, cash, and monthly cash flow to your portfolio, causing a compounding effect to allow you to scale.Let me know if you have any further questions, but this seems like a great place for you to start.
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3 May 2024 | 9 replies
Based on your numbers, there would be little to no cash-flow (if held as a long-term rental), especially if you factor in the high interest rates.
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3 May 2024 | 6 replies
I'm perfectly willing to pay for my MLS access, but I don't want to pay the high membership fees for KCRAR.Can anybody shed some light on this process?
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4 May 2024 | 8 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.