Dominique Rhodes
Hello, Looking forward to connecting and learning
28 November 2024 | 10 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
Ryan Dunn
Unexpected Rate Increase on BRRRR Loan – Is This Normal?
10 December 2024 | 36 replies
That is a rarity unless you are working with a major lender.
Leslie Chukwuleta
Mid Term Rental help in DFW
2 December 2024 | 29 replies
The demand for affordable, shared housing is strong here, so filling vacancies shouldn’t be a major concern.
Marc Shin
Insignia washer/dryer for STR?
29 November 2024 | 7 replies
The TVs are made by HiSense.Frankly I would avoid them and get a major brand like LG or Maytag.
Jay Hinrichs
MF owners how are you going to keep tenants with EV's
28 November 2024 | 22 replies
Overhauling that would be a major (expensive) upgrade.
Thomas Azoury
Convert garage w tenants
2 December 2024 | 17 replies
The most likely scenario is that his renters will eventually do something that costs him a significant loss, despite cutting them a major break for so long.
Jennifer Hung
Has anyone done recent business w/ Morris Invest or SDIRA Wealth?
3 December 2024 | 51 replies
So its no major mystery that these are not performing as advertised..
Gina Ventimiglia
$5 MILLION LISTING on the Space Coast....
27 November 2024 | 1 reply
I have researched the top brokerages in major metropolitan areas, and I'm reaching out to them Via email and phone calls.
Csingh Singh
Investing in California vs. other landlord-friendly states: What should I do?
27 November 2024 | 13 replies
All are within 30 minutes of major employers. 2) Like most metro areas in the surrounding states and regions, we've had an inventory shortage for more than 5 years.
Allison Park
Property Management Software
29 November 2024 | 2 replies
Any major pros/cons for the ones listed?