27 December 2024 | 5 replies
Fixing up a property and turning it into student housing is a smart move—steady demand and solid rental income.Great job!
28 December 2024 | 19 replies
Hi Marc, I think everybody offered some great feedback.
28 December 2024 | 12 replies
We've considered offering a discount for doing so but so far we haven't because for the most part everyone pays on time with no issues.
27 December 2024 | 5 replies
You could post the job description being as detailed as possible.
27 December 2024 | 34 replies
I bought a 3 Bedroom SFH in Cahokia Heights, IL on April 2024 and it is STILL NOT RENTED TODAY.I bought for $79k convinced by the Section 8 mentor Tom Cruz to buy from his team and to focus on cashflow vs. appreciationI went through 3 contractors that all did a subpar job and just barely got it all togetherI haven't been able to find an appropriate Property Management team to help on this side of ILI have it listed for rent (Zillow, Turbotenant, Fb, Craigslist) for about 3-4 weeks now since repairs were done.If anyone has any suggestions to get this rented ASAP I would greatly appreciate it and any Property Management connections that can help would be amazing as well.Thank you all for your time and Happy Holidays & Happy New Year Ouch.
27 December 2024 | 3 replies
A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!
27 December 2024 | 10 replies
Hi, Are there any lenders offering HELOCs or second mortgages on rental properties with equity?
27 December 2024 | 9 replies
She has credit, he did not, but both had jobs and I still cosigned.
27 December 2024 | 27 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
Nice job closing that first, but don't rush.