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31 December 2024 | 9 replies
I recognize this is not the sole source of return, but the other sources have their return increase with smaller equity position.
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2 January 2025 | 0 replies
With a positive mindset and a commitment to our visions, 2025 holds the promise of becoming a transformative year for us all.
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29 December 2024 | 7 replies
We have been using it for our listing descriptions and reviews / review responses.
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3 January 2025 | 5 replies
On the positive side, it seems like you have a good potential BRRRR that you can use to purchase additional properties.
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30 December 2024 | 819 replies
I even left positive reviews and thanks him for his podcast because it motivated me to purchase my first rental property (from someone else).
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26 December 2024 | 4 replies
I'm a little thin to do this project myself. Would love to wholesale it to someone. It should be about 60k profit, about a month and half, 2 months conservatively, on rehab. Deal is in northern california and looking ...
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1 January 2025 | 3 replies
When I run the numbers based on these rents, the property operates at a negative cash flow.If I increase the studio's rent to $1,400 per month, the property becomes cash-flow positive.
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14 January 2025 | 10 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.
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12 January 2025 | 185 replies
When we review what is RICO charges....
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1 January 2025 | 12 replies
@Sonja Revells , after reviewing the agreement you uploaded, I realized it could be a bit tough to fight for your EMD due to these sketchy clauses.