
30 September 2024 | 1 reply
I suggest you look into commercial lending, to learn about it before you require it, and start looking for people in the lending space who can assist you as you move forward and with whom you can develop relationships.You now have mad skills and experience doing the whole demo and rebuild, and if you can repeat a few times, your one deal enables you to add a couple others.

30 September 2024 | 10 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+ (roughly 5% probability of default), 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 (around 10% probability of default), 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.
28 September 2024 | 2 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

28 September 2024 | 5 replies
From my experience, many owners in co-ops with similar rules are able to get around the rental restrictions.

30 September 2024 | 5 replies
Yes - it is more responsibility & work - but by having all the control you not only get more experience, but control your own destiny, versus being a rider on the bus as a LP.

30 September 2024 | 10 replies
I know this because years ago as an experiment I had posted my condo for sale as a FSBO.

30 September 2024 | 25 replies
Work with him/her and get some experience before you try it on your own.

26 September 2024 | 5 replies
Check out FilePlace, where user-created forms are available for free.

30 September 2024 | 8 replies
Does anyone have investing experience/successes/advice on what is doing well there?

29 September 2024 | 13 replies
If you don't need some of these more esoteric features, you might end up with something different than what I chose.