Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 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.
James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
Hey everyone,I’m a real estate investor looking to build stronger relationships with agents to access off-market deals.
Cameron K.
Seeking Feedback: Market Rent Research Platform
27 January 2025 | 1 reply
Hi everyone,Last week, I was pulling rent comps to prepare renewal offers using my typical process: starting on Ręntometēr or Rēntcast for a rough idea of recently removed comps, then manually researching on platforms like Zillow, Apartments.com, and Facebook Marketplace.
Austin Ralls
Finding private lenders
22 January 2025 | 4 replies
Make 2025 the year to build those relationships.Cheers!
Jerome Brown
Returning member, ready to learn
21 January 2025 | 6 replies
My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
It was only within the last 30 years has the upper middle class incomes start to spread out of the lake.
Jon Ankenbauer
Best Way To Transfer Land From a Family Member
28 January 2025 | 8 replies
I thought you were building to sell.
Beau Alesi
Looking to buy
25 January 2025 | 7 replies
With SFR, they appreciated at a national average of 3.8% from the last study that I read in 2024.
Cortney Jones
7 units available in Tucson - 7.53% Cap
27 January 2025 | 6 replies
3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct?