Austin Nicol
Choosing a House Hacking Market?
25 June 2024 | 7 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.
Juan Ayala
Tips for Selling Property Offering Creative Financing Options
21 June 2024 | 1 reply
Any tips on platforms or techniques that work well?
Jim L.
Valuation of a septic drain field?
25 June 2024 | 6 replies
Chris, while I apreciate this view, I disagree with the notion that an agent--with no more information available than I've given--will understand the land value any better in this situation than the amassed wisdom of the pool of investors available here on BP.
Matt Wood
LA Garage Conversion - ADU/guest house/extra room and AirBnB?
25 June 2024 | 6 replies
I've seen some comments state that it's all about the kitchen - only a small kitchenette with no stove is allowed (which would be perfectly fine).
Eric Wood
New aspiring RE investor in Pittsburgh PA!
27 June 2024 | 17 replies
Pittsburgh is very diverse and the markets are no exception; before investing in the many and varying markets make sure to properly analyze them.
John Oertel
Need Help with 4 Bed/4Bath STR Bedroom Configuration
25 June 2024 | 6 replies
This does very well with no complaints and I stay pretty full.The other place has King Suites( one bunk bed room) and already sleeps 23 so I've left this configuration alone for now.
Marc Shin
Any investors in Jacksonville Florida?
26 June 2024 | 4 replies
Everything Ken said plus plaster walls, no insulation, higher electric bills, walls sweating when its humid in florida and the resident leaves front door open, damp smelly houses, Pealing paint, wood rot, old windows, crawl space under the home, bdrm and closet doors that don't close properly, electric locks that the old front door doesn't like as the door is not aligned correctly, Cyrstal knobs that fall off, old thermostats with 2 lines but my new thermostat needs 3 lines, critters in the fireplace....
Raffi Krikorian
Has anyone dealt with Blue Orion Housing (corporate rental)
25 June 2024 | 17 replies
Max - No I didn't use them because I asked the same questions for their tax ID or DUNS number and they never replied.Matt - gotta love how you literally said in your comment above that "I'd do it," and now you're posting links as to why not?
Adam Eckhoff
Section 8 - What am i missing?
25 June 2024 | 10 replies
but once you close, it's all on you - no one is taking responsibility for anything.