Jeff Sanders
Estimating landlord Insurance
29 January 2025 | 3 replies
Totally understand the struggle of gathering insurance quotes - BP makes it easy for you!
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Managing a good STR is pretty easy.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Evictions are very easy in Canton but can be trickier in Akron, especially over the past year.
Justin Smith
First Residential Rental
5 February 2025 | 16 replies
This seems like a very easy property, management-wise.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.
Kaleb Johnson
Best Area For Starting Out
4 February 2025 | 41 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.
Paris Scroggins
Looking for local knowledge
1 February 2025 | 2 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.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
You don't need a mortgage broker, just a reputable, competent direct lender that will ask the important questions upfront to properly screen your deal.
Fumi Maher
Seeking advice for aouse hacking strategy in Austin
29 January 2025 | 9 replies
This is an easy answer for me!!!
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 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.