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15 April 2024 | 5 replies
Hi Soyoung, Consider consulting with a real estate attorney or property management company familiar with the area.
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14 April 2024 | 25 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.
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15 April 2024 | 8 replies
But I like idea that Detroit, gaining it's momentum of renaissance and appreciation could be better there, but maybe I idolize it.Columbus seems lucrative with tech companies investing there, but a bit fishy, because so many flippers already there, so many people realtors/flippers tryin to sell their flipped houses.
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14 April 2024 | 15 replies
Are they a good company to work with?
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14 April 2024 | 10 replies
Like the Majority of people, as Rich Dad puts it I have been living in fear.
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15 April 2024 | 1 reply
We haven’t found good development ones on the market outside of the ones my prior development companies used.
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12 April 2024 | 5 replies
alot of Insurance company stop writing policy in long island NY.
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15 April 2024 | 9 replies
You can't add value to your crypto.You probably don't even know what your 401k is invested into (or, if you even SUPPORT the companies you're investing in.)You can't add value to your Apple stock or Meta stock.But you CAN buy a great property, fix it up, solve the problems, and INCREASE the value (and cash flow.)
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15 April 2024 | 20 replies
It's a good idea to consult a lawyer and/or insurance company for professional advice on these specific matters.
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15 April 2024 | 19 replies
Family Management" company or similar set up as a sole-proprietor.