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5 October 2024 | 10 replies
Section 8 inspections is why I quit trying for Section 8 tenants after only doing it once.
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9 October 2024 | 11 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
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8 October 2024 | 3 replies
You can click on the magnifying glass in the upper corner and research previous times this has been asked and answered.
10 October 2024 | 0 replies
Known as a “like-kind” exchange, section 1031 of the Tax Code allows you to pay taxes on capital gains later.
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20 October 2024 | 147 replies
Is this the right section to ask about wholesaling arbitrage properties using none of my own money??
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4 October 2024 | 2 replies
I wanted to get people's personal insight into Section 8 in the St.
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11 October 2024 | 11 replies
It's more like a classifieds section where you can also contact renters who post a housing request.
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8 October 2024 | 11 replies
There also will be Section 1231 gains from the final K-1 that end up on line 7 of 1040.
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9 October 2024 | 15 replies
Up in the right corner near your picture there is a magnifying glass.....
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14 October 2024 | 31 replies
Perhaps the Turnkey Company may even specialize in section 8 which would be another big positive if an investor is looking for less risk and government guaranteed rent and cash flow.