
17 March 2024 | 4 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.

18 March 2024 | 15 replies
Obviously these are just projections based on a data-aggregation service, so take them with a grain of salt and verify them with more research, but hopefully it helps a little!
17 March 2024 | 24 replies
Insurance company reserve requirements are typically in the 10-15% of policy value.You would also have ongoing regulatory costs.

17 March 2024 | 2 replies
Would you pay for a subscription model say $1000 a month where you got access to knowledgeable investor agent who had zero stake on if the transaction closed but provided you with local knowledge, strategies, ran comps, looked over deals, even looked over home inspection reports, talked in the phone, basically a consultant (you could possibly tack on services like writing offers or seeing a property in person) my thought is if you buy a property relatively quickly, it’s much cheaper than paying 2.5% even if you end up paying for the service for a few month’s and realize it’s not a good time for you to buy you are only out a few thousand dollars as opposed to hundreds of thousands of dollars, this would basically take the agent’s need to sell you a home out the process, presumably there motivation would be to keep you subscripted for as long as possible but you could easily just cancel and if you were interested in buying later resubscribe than.

18 March 2024 | 0 replies
The cost of homes, rent, shelter etc… is still outpacing wages and most types of goods/services.

16 March 2024 | 5 replies
I own and operate a high-end full service remodeling company in the Phoenix metro area.

15 March 2024 | 2 replies
Of course I will to pay for this service.

17 March 2024 | 0 replies
New 200 amp breaker panel and new electrical service (all permitted).
17 March 2024 | 4 replies
They also provide services for the other seasonal pests such as wasps and ants at other times of the year.

18 March 2024 | 15 replies
I looked into this last year and the (tax) benefit was not significant for rentals that have been in service for a long (15+ years) time.