Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
Quote from @Cari Sweet: This sounds like a case for Fair Housing- Familial Status discrimination.
Desiree Board
Sole proprietor, LLC or Corporation?
22 January 2025 | 3 replies
@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.
Ruchika Dias
What are some good real estate groups/meetups in Houston?
24 January 2025 | 11 replies
The next meetup will be February 23rd at Kirby Ice House!
Casi Rice
From Property Management to Real Estate - Utah
12 December 2024 | 4 replies
Quote from @Casi Rice: Marketing idea: find 1-2 trusted property management partners.
Charles J Sabo
Huge news in the conventional loan product space *Hot off the press*
23 January 2025 | 7 replies
Quote from @Charles J Sabo: This will be huge for house hackers out there. 95%LTV on 2-4 unit properties.
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
Use pricelabs, I also integrate with guesty for hosts which allows me to manage listings on airbnb vrbo and booking.com.
Junior Powe
2nd Deal in Macon
24 January 2025 | 6 replies
All new flooring, painting, throughout the house.
Timothy Finney
New Member from Austin, TX – Excited to Begin My Real Estate Journey
18 January 2025 | 6 replies
Starting your real estate journey with a house hack in Austin is a smart move, especially with its strong rental demand and appreciation potential.
Kyle Shipley
New and eager to learn how to start and scale a RE portfolio
22 January 2025 | 5 replies
@Kyle Shipleycan you house hack?
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 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.