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19 August 2024 | 9 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, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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18 August 2024 | 3 replies
Carwash income in reportedly 11,900 monthly.
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20 August 2024 | 14 replies
Hey,I a house under contract that has structural issue, a pretty serious one.
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20 August 2024 | 5 replies
This changes everything for house-hackers and investors seeking multi-units.
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21 August 2024 | 4 replies
A residential loan is a mortgage loan on a house, condo, townhouse, duplex, triplex, or four-plex.
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17 August 2024 | 27 replies
Many investors from California are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets.
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18 August 2024 | 6 replies
As a borrower, I utilize my private lenders whom I pay between 8-12% to quickly purchase properties that are distressed or low in value.
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20 August 2024 | 1 reply
Makes me wonder why more of them aren't making proper efforts to educate themselves on value and instead think that a house selling for say $250K is a great deal because it is much cheaper than houses where they are from.
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17 August 2024 | 7 replies
I created The Ultimate Guide to Grading Cleveland Neighborhoods for investors to get an idea on what types of houses and tenant bases they can expect when investing in the varying neighborhoods in the Cleveland area.
21 August 2024 | 6 replies
They met in person and looked at the house.