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19 January 2025 | 269 replies
Hi,We focus on old building rehabs for renovation.
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18 February 2025 | 33 replies
Yes, note investing is a completely different animal, apples to oranges.I do know that PPR has gotten a bit into multifamily investing, but I don't think that is their focus.
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1 February 2025 | 17 replies
If there's a lot more headache- then I encourage you to implement or improve a Complete Household System, try to get SFR's with 6-11 bedrooms, no more than 3 rooms per 3/4-Full bathroom, and make sure there's one (not more than one) beautiful living room with a big screen TV.
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26 January 2025 | 3 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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26 January 2025 | 5 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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23 January 2025 | 10 replies
Focus on saving, building your credit, and connecting with local investors.
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16 January 2025 | 18 replies
We’re using a well-known Columbus CPA firm this year and for a similar price the work has been better, and the engagement is night and day improved.
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24 January 2025 | 6 replies
Focus on getting your finances in order, setting achievable goals, and finding a mentor or local real estate groups to guide you.
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3 February 2025 | 31 replies
If your mental health is so fractured that you can't go to an Open House on a four-family down the block from you, that is something to focus on first.
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21 January 2025 | 19 replies
They stopped paying the lender and wanted to work something out with the lender but the time is running out (ie the management company did not do any significant improvement during the forbearance period) One of the LP just emailed me and said we need to raise 65k to enlist help from this company.