Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
@Charles GranjaWhile you certainly make valid points, I’ve come to realize that this unscrupulous company is quite devious, and getting things transferred from them could be a challenge.
Melissa Sejour
Fix and flips in Philadelphia
7 January 2025 | 7 replies
The wholesalers in Philly are comparatively decent in my opinion and there are still deals there.
Eric Greenberg
Vermont vs Smoky Mountains
6 January 2025 | 6 replies
I agree with Collin.The Smokies do have a lot of competition, so you need to have a view, decent location, good to great amenities etc to stand out.We have a 6-bedroom cabin there, but I imagine a 3 to 4 bedroom would be in the sweet spot of not too big or not too small.
John Williams
Who is the most important connection when investing out of state?
20 December 2024 | 8 replies
If you plan on buying and holding in say a great pm company.
Yooni Choi
What's considered a 'good' cash flow in Pittsburgh?
7 January 2025 | 2 replies
(I will be moving to different states) While I was chugging number for some of the properties that I'm looking at, I came to wonder what would be considered as a good, decent cash flow once I move out.
Tony C.
Filing a 1065 Partnership return Husband/Wife vs Schedule E
15 January 2025 | 41 replies
Here is what the IRS says on the subject: Election for Husband and Wife Unincorporated Businesses A business owned and operated by the spouses through a limited liability company does not qualify for the election Only businesses that are owned and operated by spouses as co-owners (and not in the name of a state law entity) qualify for the election.
Jacklyn Robins
Trouble renting units in Cincinnati
7 January 2025 | 24 replies
Here's a decent video teaching you how to take marketing photos.
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 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.
Martti Eckert
Long Distance BRRRR in Ohio
15 January 2025 | 21 replies
Don't hire the first company that presents a lot of sleek Razzle dazzle.
Sanjeev Advani
Circle K Parent Company Makes Unsolicited Bid to Acquire 7-Eleven
17 December 2024 | 2 replies
Alimentation Couche-Tard, the parent company of Circle K, has made an unsolicited offer to acquire Seven & I Holdings, the owner of 7-Eleven.