
30 January 2025 | 8 replies
For example, maybe you will get to 10, 20, 30 houses and then find an owner who has a large portfolio and all of a sudden you are at a high door count and now need to hire, need to build your policy binder, and all the other stuff that comes with running a business.

27 January 2025 | 12 replies
You want lower land cost with high rental demand unless you're a reno expert and flipper which not 1% of real investors are.

24 January 2025 | 13 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.

26 January 2025 | 54 replies
I was just telling my friend today that I'm getting multi-family, high performance, and relationship mentoring all in one package!

22 January 2025 | 5 replies
high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.

27 January 2025 | 12 replies
The BRRRR strategy was great a couple of years ago, but it's much harder to do now because of the high interest rates.

20 January 2025 | 15 replies
Quote from @Cathy Li: It's a white label software built on go high level.

24 January 2025 | 37 replies
In fact the demand is stronger than I've ever seen it, though prices are high.

26 January 2025 | 11 replies
My mortgage should be about $2,100 after I get PMI eliminated and I was going to rent it to a friend that I have known since high school for $2,000 a month.

24 January 2025 | 13 replies
Normal mortgage rates are in the high 6's now, for a personal residence, and higher for an investment property.