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28 December 2024 | 11 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.
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6 January 2025 | 77 replies
I definitely want to use the platform properly and not annoy others.
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26 December 2024 | 4 replies
Recommend you look at Lockly locks with built-in camera, so you can also see who looked at the property and tell if the door was properly closed.
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24 December 2024 | 14 replies
I recommend that you engage with a real estate accountant to ensure you set everything up properly.
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9 January 2025 | 107 replies
I’d love to know if there is a tool or resource that shows this data.
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26 December 2024 | 7 replies
You know, proper upkeep.Best regards, Stevan
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31 December 2024 | 13 replies
Minoan.com can also be a resource to find it.
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28 December 2024 | 6 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
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26 December 2024 | 4 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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27 December 2024 | 4 replies
Keep in mind, though, if you just sell outright, you could be looking at capital gains and depreciation recapture, so it’s worth crunching the numbers with a proper tax professional (I’m not one, by the way).What do you think the rest of the community has seen happen to property values since last year, and do you believe it changes the 1031 conversation?