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6 February 2025 | 10 replies
These can provide good cash flow and are easier to manage than larger commercial properties, especially when you're just starting out.Also, when I was starting, I found local meetups super helpful.
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26 January 2025 | 14 replies
I manage around 400 rentals and probably terminate a couple dozen every year for lease violations.
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23 January 2025 | 21 replies
You may make $50k on a flip but have to wait 6 months from list. ( in specific areas - not all of CLE)As a full time investor turn time is hyper important for me to turn my properties and money over as many times as possible in a year.Another example is are you a flipper or a renter.
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12 January 2025 | 5 replies
Hello everyone! My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor. I am keen to learn from the experiences of seasoned professionals and collaborate with fellow inves...
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27 January 2025 | 10 replies
No one right decision for everyone.
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14 February 2025 | 6 replies
All are being used as LTR and managed by local PM.
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28 January 2025 | 9 replies
Time and practice will still teach you as you do deals but it will help you understand what things costs for the size of the property
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12 February 2025 | 0 replies
The company also disclosed Dell Family Office Management, the family office of Dell Technologies Inc. founder and CEO Michael Dell, as a new investor."
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8 February 2025 | 3 replies
I downloaded the forms packet from the management section of bigger pockets and didn't see a template for an eviction notice.
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6 February 2025 | 58 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.