Dan Weston
Sober Living Operator
22 December 2024 | 1 reply
To find someone, I’d start by reaching out to local rehab centers or recovery organizations as they often know operators who are looking for housing.
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
18 January 2025 | 34 replies
They held a webinar for the Ekahi fund and told them they fired the property management, false they quit due to lack of funds.
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
22 January 2025 | 0 replies
When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates.
Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
Pre-approval for loans is essential, as is learning landlord-tenant laws to manage effectively.
Saul Vargas
I have $150k and equity on my home, looking 4 a property with some cashflow.
21 January 2025 | 10 replies
If you’re looking for steady rental demand and manageable property prices, it’s worth considering.Best of luck with your search!
Melanie Baldridge
A post on recapture.
21 January 2025 | 2 replies
But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.
Jaren Woeppel
Looking to buy property management business
11 December 2024 | 4 replies
in Oklahoma is a real estate license required to manage properties?
Adam Lindberg
First House Hack
14 December 2024 | 1 reply
Purchase price: $580,000 Cash invested: $30,000 House Hack #1
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
@Spencer Cornelia Yes, both houses turned out gorgeous.