Hector Espinosa
Best Markets for First-Time Investors: Seeking Recommendations for Cash Flow & Growth
8 October 2024 | 4 replies
: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.
Andre Brock
Good questions to ask out of state property mannagers?
9 October 2024 | 11 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Binita Mehta
Company to manage own properties?
8 October 2024 | 6 replies
However, it adds complexity, costs, and doesn’t guarantee tax savings without proper structuring.
Priscilla Chin
Feedback for gauging rental demand and looking at rental comps
7 October 2024 | 4 replies
- Yes, it MAY be important, but if you don't understand the "why", how do you know you are properly interpretating & using the data?
Francys Ramirez
What are you seeing in the market?
8 October 2024 | 13 replies
Hey Francys, I've been investing in Detroit since 2019 and I've also been working with investors for the last 18 months.The sentiment has drastically changed over time and here's how I'd sum it up.In 2019, when I purchased my first rental in Detroit proper (not the suburbs), I was told that I was crazy.
Timothy Mcleod
Need advice on a cost segregation study
7 October 2024 | 8 replies
If the proper reports and documentation are not completed, you run the risk of failing an IRS audit and the cost segregation not being honored.
Eric Fichera
Emerging markets with friendly landlord laws
9 October 2024 | 23 replies
: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.
Lexi Blevins
Residential Assisted Living- What is up with this?
7 October 2024 | 22 replies
Sometimes it has to be zoned properly or it might need to be a specific distance from an already licensed home.Then you need to determine the licensing requirements and see if you can meet those.
Mani Lubana
Memphis TN section 8
7 October 2024 | 4 replies
So, proper screening is EXTREMELY important!
Jeremy Beland
How a 3-Year Real Estate Nightmare Turned into a $300k Profit
8 October 2024 | 8 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊