28 December 2024 | 6 replies
I think they stopped offering it and started an investment group.
28 December 2024 | 4 replies
Quote from @Rick Im: I recently submitted an offer on a house listed as having 5 bedrooms and 3 bathrooms.
28 December 2024 | 8 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
27 December 2024 | 2 replies
@Jonathan Small Nice job on this find and completion.
28 December 2024 | 11 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
28 December 2024 | 1 reply
Even when we manage to reach a working voicemail,owners often assume we are just another "we buy land" serviceoffering far below market value.Given thesechallenges, we are eager to learn the most effective strategies for locatingpotential sellers and establishing a professional, trustworthy connection thatencourages serious consideration of our offers.
26 December 2024 | 9 replies
They are there on time reliably, do a good job managing inventory/off site laundry, and generally do a good job cleaning overall.
28 December 2024 | 12 replies
For first-time investors, neighborhoods like Riverside, Murray Hill, and North Jacksonville could be good places to start, offering strong rental demand and potential for growing neighborhoods.
29 December 2024 | 23 replies
Your best bet is to keep liquid cash and avoid PMI.What conventional loan/lender is offering less than 20% down and no PMI?