Ray Loveless
Is Ohio a landlord friendly state?
27 June 2024 | 47 replies
Pretty good for landlords long as you play by the rules.
Jacorion Williams
What’s your House Hack Story?
25 June 2024 | 31 replies
Lastly, if there was anything you could do differently, what would that be?
Anita Z.
Sell Central Valley Rental and move equity to San Diego rental?
27 June 2024 | 11 replies
If I was in your position I would look to air bnb or VRBO the property you purchase in San Diego this way you will have less negative cash flow than if you were to rent it out to a long term tenant.
David Lamb
Purchase house to flip with tenants inside
27 June 2024 | 12 replies
The other option would be to see if you give them a long escrow to get out of the house.
Rereloluwa Fatunmbi
Seeking Advice on Renting Newly Renovated Home in Akron, OH (44306)
27 June 2024 | 14 replies
v=5yLr4ktCtqY&t=1807s).David and Rob advised that since I'm in a bad location, I should consider selling the house and buying in a better area judging by the long time it took to get a tenant.
Chris Rogers
New member from SWFL, interested in Valdosta, GA markets
25 June 2024 | 6 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.
David Lamb
Tone of Distressed Letters? Cease and Desist?
27 June 2024 | 16 replies
As long as you are approaching people in a respectful way that you feel good about you can't help how people will respond sometimes.
Michael Torku
New Investor - Looking for BRRRRs (Anywhere in U.S.A)
25 June 2024 | 24 replies
I am based in san francisco but pretty open to investing anywhere across the country - as long as it's a good opportunity in a good/profitable area.
Mike Liu
Seeking Advice on Strategies for Growing Portfolio from here
26 June 2024 | 10 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620, many blemishes, but should have no evictions in last 2 years.
Jamie S.
4 mobile homes + land / But we’re stuck
27 June 2024 | 3 replies
For the last several years we have been hit with repair after repair.