Brian Rocha
Any experience with HMLs for the purchase only?
10 January 2025 | 21 replies
I'm obviously biased, but I think working with a broker will speed up your learning curve.If the broker you work with isn't transparent on everything they do with you (not for you), I recommend finding another broker.
Melissa Glynn
20-Year Austinite Relocating to Charlotte, NC - New to BP!
7 January 2025 | 5 replies
I am new to the real estate investing world and am currently absorbing EVERYTHING I can find and learn.
Adam M.
Has Anyone Imported Materials from China for a Rental Property Renovation?
22 January 2025 | 8 replies
The learning curve is probably great on importing large quantities or even just large things from a foreign company.
Anthony Miller
Aspiring Residential Investor
7 January 2025 | 11 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.
Gefter Chongong
New member introductions
4 January 2025 | 3 replies
I am new to real estate investing and eager to learn more about the industry.
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases: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.
Noah Davis
Wholesalers/ Deal Finding
10 January 2025 | 6 replies
I can also be a resource for you if you're interested in acquiring run-down or as-is properties.I look forward to connecting with you and learning more about your real estate goals.
Bryan Perea
New to biggerpockets
4 January 2025 | 4 replies
Bryan: California is a difficult place to learn, because everything is so pricy.
Sebastien Lamarche
Hello BiggerPockets! New PRO here
6 January 2025 | 3 replies
I’m particularly interested in collaborating with like-minded investors and exploring partnerships for larger acquisitions.Looking forward to learning from this community and connecting with others passionate about multifamily investing.Excited to learn and connect with you all!
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
Needless to say a bit frustrating but I learned a lot through the process.