
23 April 2024 | 2 replies
Market the property effectively: High quality photos; video; competitive buyer agent compensation; marketing to agents via email, social media, broker Open houses; etc.You and your agent may already have this covered!

24 April 2024 | 18 replies
The cost of entry is low, and cash flow is high.

22 April 2024 | 18 replies
Since you only have the one investment so far, I suggest you go talk to a CPA and ask them what receipts you should keep track of, and then just let them do your taxes at the end of the year.If you just want an idea of your income and expenses every month, I'd just create a simple Excel spreadsheet.I just found that all the data entry into a program, let alone the time it takes to learn them actually cost too much time I'd rather spend doing something else.

22 April 2024 | 14 replies
Quantity of income (amount of NOI)Quality of income (likelihood of NOI)The former is harder to collect, but the latter can be public data.

23 April 2024 | 30 replies
The very high income investor typically 700k a year and up income with job or business who is busy but gets googly eyes looking at some pro-forma high return and have no clue what they are looking at.

24 April 2024 | 15 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.

23 April 2024 | 15 replies
The cost of entry is low while the cash flow is high.

21 April 2024 | 240 replies
I let this go because I was pleased with the speed at which the turnover was completed.

21 April 2024 | 47 replies
You get easily 5,25% with short duration bills that are highly liquid, without risk, and no tenant troubles.

25 April 2024 | 27 replies
Pour concrete over it high enough so grass doesn’t grow over it.