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24 February 2024 | 2 replies
Despite holding a W-2 job and taking on a side gig, I still have $80,000 in consumer debt and a $130,000 HELOC.
23 February 2024 | 4 replies
Over this time, I have developed and operated a successful farm business, including a cow-calf operation and a farrow-to-finish hog operation.
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23 February 2024 | 3 replies
Hi Rajesh, we operate self storage facilities and this is true.
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24 February 2024 | 2 replies
I have been working on getting into the data analyst field for a W2 job for a few month now and have partially finished my first project.
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23 February 2024 | 13 replies
If they don't leave then evict them.This is the hard part of operating income properties but you have to decide whether you are operating a charity or a business.Don't let it become adversarial, simply explain that you will not be renewing the month to month lease and recommend that they begin looking immediately.
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24 February 2024 | 7 replies
They could do a better job matching same size, age, beds, <6 mo sales in the comp tool but at least it gives a list of area sales too plus last MLS listing's pictures (valuable).As far as pulling lists, yes PS has the most data types (liens, mortgage amount, equity) vs anyone else but its an ugly trueth in the data market place.
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24 February 2024 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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23 February 2024 | 1 reply
I would love to get any recommendations on investor minded realtors, lenders, and property managers that operate in this area?
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23 February 2024 | 0 replies
But we knew that the property had potential and we were the people for the job.
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24 February 2024 | 30 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.