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26 January 2025 | 16 replies
People with high risk tolerance will have a far different answer than someone who is risk averse.
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19 January 2025 | 2 replies
During this time, I found myself unemployed and having difficulty finding a new job due to not completing my degree or having formal training beyond high school or military.
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21 January 2025 | 8 replies
Be sure your lender is comfortable with this, as many fear giving folks primary loans for properties they view as having a high probability of being turned into a purely investment.
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29 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.
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13 January 2025 | 13 replies
90% is pretty high.
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4 February 2025 | 24 replies
Target areas with high rental demand, job growth, and population increases to ensure strong occupancy and appreciation.
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23 January 2025 | 56 replies
I was relieved to hear you speak highly of his program after reading the posts before yours.
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15 January 2025 | 10 replies
Hi Daniel,Refinancing out of a high-interest bridge loan can be challenging, but you have a few potential options based on your equity, tenant situation, and FICO score.
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11 January 2025 | 49 replies
Real estate agents are not highly regulated in Costa Rica as opposed to North America.
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16 January 2025 | 11 replies
Since Airbnb remits at the state level when I see high numbers (or low) of what I am remitting for other OTAs/direct I then drill down to make sure listings are optimized on all channels.