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6 February 2025 | 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 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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25 January 2025 | 1 reply
Depending on how long it takes you to save up the amount, you might want to also allow for inflation on that amount for your continued savings.[2] Read Rich Dad poor dad.[3] Think about getting a second job - possibly a temporary job - save a 100% of the money.Just my 2 cents.
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27 January 2025 | 6 replies
You'll need to do a lot of learning on the order of operations.
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10 February 2025 | 29 replies
It sounds like a job for Marsellus Wallace.
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29 January 2025 | 7 replies
You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.
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16 January 2025 | 40 replies
Now have a portfolio of 6 properties with some that are owned others just managed but turn key operation for sure.
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29 January 2025 | 7 replies
The growing tech sector, infrastructure projects, and diverse job opportunities continue to drive population growth, making Atlanta a promising option for multi-family investments.
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25 January 2025 | 10 replies
I would definitely look into seeing if there are any AirBNB arbitrage companies operating in the area that may be willing to take it on.
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2 February 2025 | 6 replies
It's generic but gets the job done.