Now it's 45 days with no rent and you realize something is wrong.

I suppose I could update it to work on real estate, but I am no AI expert.

A lot of people think they can just come to the Midwest, buy C or D property with no team in place and reap cash flow.

@Jithu JoySince the website is basically no longer there I would say stay away…

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.

It's no guarantee but it's a good place to start.

No financing available.2.

Maybe he's the exception.But the good news is - no matter what you do, if your brother just leaves it all as "passive" and doesn't mess with anything, whether short term rentals, or traditional rentals - the right tax planning could mean a box of his investment dollars that is effectively able to grow tax free. 

when they find a growing market that works well for their investment there is no reason to try to look for another market. 

Hey no sales no books or seminars to attend.