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20 January 2025 | 31 replies
When vacancies occur, obviously try to maximize value for yourself.
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8 January 2025 | 3 replies
Value your time and money more.
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9 January 2025 | 43 replies
Quote from @Daniel Gould: So it appears to me that while there's a free plan available to anyone in Invelo but the BP Pro membership includes access to the "Starter" Plan which currently costs $41/month otherwise - so this is a notable "value add" to the BP Pro Plan.
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27 January 2025 | 35 replies
Don’t just take my word (or anyone else’s) at face value—verify for yourself!
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20 January 2025 | 37 replies
I think it's a good strategy to shoot for value add.
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9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
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13 January 2025 | 16 replies
I've been investing in STRs since 2005, and I have only had a handful of items of any value that were broken, and I would rate these as probably from lots of use.
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7 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.
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6 January 2025 | 31 replies
Small businesses are typically valued at a multiple of SDE.