
2 February 2025 | 2 replies
Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another Scaling without investors can be tough, especially in multifamily.

5 February 2025 | 0 replies
How did you add value to the deal?

22 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.

29 January 2025 | 10 replies
Guests provide revenue and guest provide Reviews.

3 February 2025 | 7 replies
Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.

31 January 2025 | 11 replies
If a home was previusly owned and lived in by a famous person, does it add much value?

10 February 2025 | 47 replies
However I have used some of apifys scrapers (for non real estate uses) and was highly satisfied with the value for the price: https://apify.com/tri_angle/redfin-search It looks like it’s for listed properties only?

14 February 2025 | 11 replies
As such, your success will come from knowing the nuances of the market and where you can drive value/achieve strong returns.

4 March 2025 | 7 replies
It is all about adding value and improving cash-on-cash returns.It is also worth checking market trends to see the year-over-year growth rate and run a pro forma to project how much appreciation and rental income increases you might see over time.Your savings and financial discipline put you in a great spot, and I would just encourage you to explore how you can make your money work harder for you instead of locking it all into one property.