You have to stay in the program longer to succeed.

.• Focus on mastering property management and deal analysis tech, that’s what makes investing “location independent.”• Happy to connect anytime and swap notes or resources, always good to learn from someone who’s already been in the business since 2017.

Has anyone taken the Brad Smotherman course, is his program legit?

The Florida Housing Finance Corporation (FHFC) is the primary administrator of these programs.

Quote from @Eva Barnes: ‼️ **BEWARE – READ BEFORE ENROLLING** ‼️If you recently paid \$25,000 for the Master Broker Program, Secured Investment Corp.

It is a 4 month program for $8000. 

I have a Masters in Accounting and 9 years of experience.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

If two couples are splitting a bill - who gets the master or the better bathroom?