Kris L.
Selecting the right agent
26 January 2025 | 12 replies
@Kris L. if you are looking to make one last comparison, I would see what @Josh Green can help bring to the table.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
@Philip Beckwith, Since this last post is only 5 months old and you are in Grand Rapids like me, have you had any follow up/results / success since this last post reply?
Kyle Mitchell
Residential Assisted Living Academy
3 February 2025 | 6 replies
I took the course last October... got swamped in my currently real estate business... went through a 90 day "challenge" course with RAL academy....
Jaedon Stout
Need Opinions on Creative Financing
31 January 2025 | 3 replies
Hi BiggerPockets Community,I’m Jaedon, and I’ve spent the last few years helping clients secure business funding to grow their ventures.
Ben Callahan
Californian new to REI - looking for out-of-state rental property
6 February 2025 | 34 replies
Verifying last 2 years of rental history very important!
Rory Darcy
out of state investor wanting to invest in wisconsin or illinois
27 January 2025 | 12 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.
John Lasher
How is the market where you are?
5 February 2025 | 17 replies
So, with that being said, market cooled off for sure the last few months in our area.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 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.
Kris L.
Agent Conundrum in Dunedin
23 January 2025 | 2 replies
there just aren’t many sold properties in the neighborhood in the last 3 months and even out to 6 months is limited.
Paul Zofsak
Condo nightmare HOA issue, need legal advice
5 February 2025 | 5 replies
In July of last year a roof leak developed and caused damage to the ceiling in my unit, to the point there was partial ceiling collapse.