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15 January 2025 | 15 replies
There are varying opinions on this but mine is: cheap never goes out of style.
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5 February 2025 | 54 replies
If you have a great investor agent, he'll be able to help with finding you personalized deals, helping you learn good/bad neighborhoods, estimating renovations/scope of work, setting you up with his team, etc.3.
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27 January 2025 | 12 replies
LOL a softer way to say this is if your simply looking to become a landlord this is a very easy subject to read up on and learn and understand U do not need to pay someone to teach it to you.
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31 January 2025 | 3 replies
My question to y'all good folks: Do you know of, or can you recommend, a company or brokerage that deals in property management in California that I could work for full-time and learn everything there is to know?
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26 January 2025 | 2 replies
I have done some research on using OPM as well.I first began learning about Wholesaling and studied a bunch of content over Youtube University where I came across BP.
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30 January 2025 | 4 replies
Adding an ADU Lessons learned?
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29 January 2025 | 0 replies
Taking longer than anticipated to complete the renovation due to unforseen technical challenges Lessons learned?
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27 January 2025 | 2 replies
Hey all,My name is Tony, I'm 35, just started actively pursuing financial independence and have been really hammering away at learning everything I can.
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1 February 2025 | 30 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.