19 April 2025 | 11 replies
Mason is the best location of all three, but you will definitely pay more here.
20 April 2025 | 11 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
19 April 2025 | 7 replies
Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.
19 April 2025 | 2 replies
I am looking to pay the lender fees/points for that portion.
19 April 2025 | 5 replies
It seems like some carriers are raising rates significantly and taking advantage of the fact that there are carriers that are choosing to leave the local market - so working with a broker that continuously refines their list of go to carriers is crucial.
18 April 2025 | 5 replies
I don't think they'll pay but I know they have money.
18 April 2025 | 16 replies
There are many reasons why I haven't pursued the arbitrage model, but mainly that it takes too long for the ROI after investing all your time and effort into buying furniture and renting and paying utilities.Let's say you rent an apartment for $1500 and you spend $7000 to furnished it.
17 April 2025 | 15 replies
— Eudith V.Chicago Realtor | Helping buyers, sellers, and investors win in every market
17 April 2025 | 4 replies
Where you sell one property and use the proceeds to purchase multiple properties (or doors) where one of them pays the bill and the other provides cash flow.
18 April 2025 | 21 replies
I am in the San Diego market.