14 November 2025 | 9 replies
How would we accomplish building a long lasting legacy together?
17 November 2025 | 4 replies
Additionally, understanding the needs of your clients and providing exceptional service will help build long-lasting relationships and a stellar reputation in the industry.
20 November 2025 | 13 replies
Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.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.
17 November 2025 | 13 replies
A 1/4" wear layer may only last you 75 years. 8-) The hardwood can be refinished while LVP cannot.
18 November 2025 | 7 replies
When my clients are looking to wholesale and are struggling to find end buyers (Party C), I always tell them that their best resources will be Facebook Groups(which you mentioned), LinkedIn, and local REIAs.The key is to build and maintain long-lasting relationships with both avid rehabbers and renters, as they are both viable end buyers.
10 November 2025 | 9 replies
That way I have extra funds to deduct for damage and late fees for that last month of missed rent.
10 November 2025 | 8 replies
I would hire a pest control company to seal up any entry points to prevent this from happening.
20 November 2025 | 8 replies
Long-term, quiet, on-time tenants are gold until they start breaking the one rule that causes the most expensive turnover damage: smoking.Here’s the reality of the situation and how to handle it without blowing up your timeline or losing a good tenant unnecessarily.1.
10 November 2025 | 16 replies
Quote from @Enrique Toledo:If it is just window seals yes list it now.
23 November 2025 | 0 replies
In this situation, I actually know the company to a degree, and I know they have come under 3 very strong stress factors in the last year.