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Results (10,000+)
Tayvion Payton Investing in MultiFamily
12 January 2025 | 20 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.
Rene Hosman How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
This included all the data from the first 6 months of the year as I did not hire her until July.
AJ Satcher Single HVAC System In a home with 2 units. Smells go right through duct-work!
15 January 2025 | 2 replies
I know hosts have included additional cleaning fees for violations as a deterrent.If none of these solutions work, you could look into completely independent HVAC systems for the two units, though that would be a bigger upfront investment.
Thomas Youngman Property Investment in Portugal
19 January 2025 | 269 replies
This also costs 200-300 EUR depending on what's included.
Rebeca Moreno Buying my first multi-family unit
17 January 2025 | 9 replies
I'm sure many here, including myself, would be happy to discuss potential opportunities with you.
Rereloluwa Fatunmbi Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
The minimum sheen I would use for any rental is satin (Very rarely eggshell).Does your rate include cleaning fees?
Ben Hedvat Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?
Dave Schimmels Investment for beginner
15 January 2025 | 6 replies
Purchase price: $85,000 Cash invested: $33,000 Cash flow is after all expenses including vacancy, maintenance, and capx deductions.
Bruce Bennett How to spot scams or is there a site that evaluates DSCR lenders
15 January 2025 | 9 replies
Local references are invaluable because those lenders have proven themselves in your market.Work with Reputable Companies: Some well-known DSCR lenders with a solid reputation include Lima One Capital, LendingOne, Kiavi, RCN Capital, Visio Lending, and Easy Street Capital.
Andrew Lawlor STR to Custom Home Builds
17 January 2025 | 19 replies
I have spreadsheets filled with material lists for every phase of the build that includes pricing for materials as well as labor, and sources that I use for them.