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Ian Hutton Pay off primary property or investment property first?

14 February 2025 | 12 replies

Hey BP I’m debating about paying off my investment home first or primary property first.

Mike Romano Navigating the 90-Day Flip Rule – Need Advice!

24 February 2025 | 6 replies

If they’re financing, the process already takes time, so a slight delay probably won’t matter.If the home is vacant, maybe they can move some things in as a short-term tenant until closing (if their lender and community allows it).

Rohit Dhing Seeking Guidance on Sewer Backup Issue – McAllen, TX Rental Property

4 February 2025 | 6 replies

A typical snake is configured for 100 feet.Call another plumber and get a video of your sewer line.

Frank Harris Does anybody have a New Build with Blacktip Construction Group in Cape Coral Florida?

2 March 2025 | 95 replies

Wegg,I believe this thread was started by you & correct me if I am wrong, but your situation doesn't seem to be about building 2 homes, it's about issues with funding the new construction project, right?

Doug Kirk Liens on a property and determining position

4 February 2025 | 10 replies

Quote from @Mitchell Coles: In Ohio, property liens are typically recorded at the county level, making the County Recorder's Office a valuable resource for property research.

Jerry Nogueras NYC Residents- Which areas outside NYC have you seen the most success for rentals?

27 January 2025 | 6 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.