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22 January 2025 | 3 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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22 January 2025 | 56 replies
I highly regret not being further ahead of where I am currently financially to where I could provide more comfort to those I care about during their vulnerable times in their life.You see, wealth is not just about you.
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23 January 2025 | 2 replies
Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!
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24 February 2025 | 30 replies
I see many people saying oh it is just $100 but as I said it adds up pretty fast and in reality, it is way more than a $100 difference as the price of insurance is going up very high.
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22 January 2025 | 0 replies
Having the contractor relationship in place to move quickly and provide a high quality renovation at a reasonable price.
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21 January 2025 | 10 replies
The BEST contractors are in high demand, so are picky about doing bids and taking on jobs.
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20 January 2025 | 9 replies
I'd highly recommend Matt Scott and his services to those that are serious about raising money.Jorge
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22 January 2025 | 20 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.
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11 January 2025 | 18 replies
Look around for some pet food spill that into another big pan so they have something to eat.
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25 January 2025 | 5 replies
While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.