Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Cost to Rent vs Own and Return to Work PoliciesThis can mostly be attributed to the massive increase in home prices, particularly from 2010 to today, making people opt to rent for longer, especially today in the elevated rate and home price environment making renting the substantially cheaper option, on top of historically low inventory to choose from.
Tayvion Payton
Investing in MultiFamily
12 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.
Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
Historically, real estate will appreciate over the long term.
AJ Wong
🌊 Where to buy an Oregon Coast AirBnB Vacation Rental For Sale in 2025
16 January 2025 | 1 reply
The good news is that there are still investable vacation rentals but historically the barrier to entry is growing each year.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 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.
Nik Verret
Seeking Advice for Initial Bookings
7 January 2025 | 7 replies
Jan and Feb are historically slow but a few suggestions I have are1.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
I asked the question so I could make sure there weren't scenarios like this I wasn't considering.For context, I'm not talking about historical homes in places like Martha's Vineyard.
Lilia Matlov
Risks and Opportunities Coexist
11 January 2025 | 4 replies
Identifying these trends and targeting high-demand areas can yield solid returns.Long-Term Stability: Real estate has historically been a stable, appreciating asset class.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
For example, in Dec I had one property 100% direct/VRBO which historically 40% Airbnb.
Van Lam
Cash Out Refinance
11 January 2025 | 7 replies
What I think you'll need to find out from lenders/banks/credit unions is how much historical timeline they'll need to review to support the valuation/income.