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31 January 2025 | 7 replies
Hi everyone I’ m interested learning real estate investing and grow my portfolio.
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9 February 2025 | 32 replies
It sounds like REsimpli has a lot of value and combines a lot of features so I don’t need to pay for subscriptions to 10 different platforms (and invest a ton of time learning their systems only to discover a better option and start the process over again).
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3 February 2025 | 1 reply
Currently renting both apartments for a average monthly cash flow of $1000 Lessons learned?
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4 February 2025 | 0 replies
another property to the portfolio, and a continued relationship with a live long client Lessons learned?
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3 February 2025 | 2 replies
There comes a point where having a real estate-savvy tax preparer outweighs your time learning a new software.
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14 February 2025 | 21 replies
Definitely don't sell it and buy cheap Class C in Texas or other state for "cash flow on paper" - I learned a painful lesson with those types of properties.
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4 February 2025 | 0 replies
Learn how to source motivated sellers and negotiate win-win deals.
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20 February 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.
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30 January 2025 | 0 replies
Learned a lot and came out with $14,000 in my pocket Lessons learned?