Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
This is a big one this disclosure must also be in all advertising of the wholesaler including SM.
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
Feel free to DM me if interested in discussing more, would be happy to assist.
Jeffrey Farkas
2nd lien foreclosure
17 January 2025 | 5 replies
You can't get "clear title" until all leans are cleared, whichever way that happens SOMETIMES, but not frequently, the 1st and 2nd will combine and both will be included in the auction.
Carlos M.
$563,313 paid in interest in 2024
11 January 2025 | 4 replies
But if those payments feel like dead weight, Dave Ramsey’s “debt-free” mindset could be worth revisiting.Here’s a quick story to illustrate.
Reeti Peshawaria
Seeking advise - STR in Indio
16 January 2025 | 6 replies
., San Diego, and others)—making it feel like a “natural” choice for a regional traveller wanting to get away for a short weekend.
Maranda Tucker
Charlotte, NC Market Update - Days on market averaging 90 days
15 January 2025 | 0 replies
While the current conditions may feel challenging, they also present opportunities to fine-tune your strategy and stand out in a crowded market.Are you experiencing these trends in your portfolio?
Kristen Swan
Asking Tenants for further information after being approved. ( I'm the Tenant )
20 January 2025 | 1 reply
We feel hesitant to send her another pay stub and a copy of our driver’s licenses.
Anastasia Rodriguez
How to find MTR Partnerships in chicago
14 January 2025 | 2 replies
I feel quite intimidated only seeing people with large followings and MULTIPLE properties.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
Your ability to close means almost everything and you'll need to make them feel confident in your ability to do so if you target bigger deals right out of the gate.2.