Polat Caglayan
invest in detroit
8 January 2025 | 5 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.
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
14 January 2025 | 4 replies
Relative AffordabilityDespite recent price increases, Buffalo’s housing market remains more affordable compared to many other U.S. metros.
Isaac Hanai
Investing in the St. Louis Market
17 January 2025 | 3 replies
Here's a good map I recently found: https://www.affordablehousing.com/saint-louis-mo/section8-ow....
Sean Kirk
Has anyone used Roofstock to invest?
12 January 2025 | 2 replies
But also be aware it appears their platform has changed in recent years.
Ryan Dubendorfer
tenant request for lease addendum
3 January 2025 | 4 replies
They recently split up and the wife is asking to be removed from the lease agreement.
Rob Beardsley
Top 10 Reasons to Invest in Pittsburgh
5 January 2025 | 8 replies
When I looked at prices recently they look like they've gone up quite a bit but I know they vary a lot depending on the neighborhood.
Dean Sexton
New to real estate investing. Quick question
15 January 2025 | 3 replies
I just recently went under contract on my first property.
Kyle Smith
Looking to Connect with BRRR Investors Interested in Expanding Portfolios
9 January 2025 | 1 reply
Hi Kyle, I recently moved from CLT, but frequently work within the market.
Valentin Diaz
Fire Code Compliance
6 January 2025 | 3 replies
A year ago I recently purchased my first multi family to house hack and I rant into a issue when the seller paid for a electrical upgrade to the home.
Matthew Her
Asking for help, on how to get started into wholesaling
31 December 2024 | 1 reply
Hi im new, I recently turned 18, and I im asking for someone who is experience enough or wants to be of help for me to start wholesaleing.