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21 February 2024 | 2 replies
Hi, my partner & I need new phone #s for our RE biz so that we're not using our personal #s.
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23 February 2024 | 5 replies
My fam visited Lake Lure last Spring Break and had a blast, but we were on the lake, which was a big part of it.
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23 February 2024 | 19 replies
I hope you still plan to screen her properly, credit check, and check with her previous landlords, (not the last one).
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24 February 2024 | 2 replies
Don’t waste your time otherwise.The last thing you want to be doing in rental arbitrage is doing minor repairs to the house.Even if the landlord pays for it according to the lease, the issue is you’ve got to front it so you can get it done to avoid vacancy or bad reviews.Be in the business of hospitality, not real estate.
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23 February 2024 | 387 replies
I’d post direct link to it, but I’m on my phone and can’t find easy way to do that right now.
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24 February 2024 | 9 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.
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24 February 2024 | 8 replies
How many active listings versus how many rented last month.
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24 February 2024 | 2 replies
Here's my situation: I accumulated credit card debt to finance my last property rehab, which is now rented and generating income.
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23 February 2024 | 15 replies
.$6,000 for strategizing supposing you have a monthly 30 minute phone call is $500 an hour.If the cost is $10,000, and your tax rate is 35%, they would have to decrease your taxable income by atleast $30,000 for the cost to justify the cost.
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24 February 2024 | 11 replies
@John Mark Last April I bought a nice building that needed some upgrades, but the rents were $575/month and local area rents were$1250.