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3 May 2024 | 5 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.
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2 May 2024 | 3 replies
All in after closing/holding costs we were all in at about $1,270,000.
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2 May 2024 | 0 replies
This projection opens up opportunities for investors to acquire high-quality properties at prices below replacement costs, yielding attractive long-term returns.One of the primary challenges facing multifamily investors is the impact of interest rates.
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3 May 2024 | 35 replies
I don't think the article factors in the overall cost of living increase.
2 May 2024 | 17 replies
We know that we are taking a smaller risk, which naturally means a higher cost.
2 May 2024 | 3 replies
for $40 it only gives a "rating" and no specifics.is there a service of reasonable cost that actually give me a credit report and details on results of background checks?
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2 May 2024 | 20 replies
.$995 is great rent but you also don't want to evict if tenants can't pay because turnover costs can kill the ROI.Just my opinion
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2 May 2024 | 7 replies
The cost and work to furnish, decorate, and outfit a unit with the necessities to be used as an STR would only make sense if you think this flip is in serious trouble and likely won't sell for quite a long time.
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2 May 2024 | 8 replies
I would worry more about the ACTUAL cost like insurance, water bill and fixing post purchase.Looking for investor now to get myself another building during this bad time.
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4 May 2024 | 35 replies
And I have a key replacement cost in the lease.