David Young
Questions From a first time Investor
29 January 2025 | 12 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.
Henry Jay
New to Investing in Real-estate
14 January 2025 | 3 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Simon Girmay
Canadian Looking to Invest in US Real Estate
30 January 2025 | 4 replies
Work with a lot of expats and foreign nationals in this space tax related.
Cody Caswell
What Areas Should You Invest The Most Money In?
29 January 2025 | 1 reply
Since bathrooms are relatively small, using some unique tiles and fixtures won’t break the bank and will go a long way with buyers.3.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
My main goal is to find something relatively close to the DMV area but without the DMV price tag.
Isaac Terry
Investing Out Of State - Starting
22 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.
Marc Shin
What Can I do about sound in a duplex with thin walls?
29 January 2025 | 10 replies
This Wikipedia page gives different wall types and how well they block sound.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.
Erick Pena
Excited to Start My Real Estate Investing Journey!
15 January 2025 | 9 replies
Your Lender My suggestion to find #2 & #4 would be to go to the top of this page and click on AGENTS & LENDERS.
Anthony French
Any ideas or information finding funding for a development
24 January 2025 | 6 replies
Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.