Grace Purugganan
Help! Out of State Investing in Ohio
20 January 2025 | 9 replies
Major difference between working with market renters and tenant assistant programs as well.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
Not all but a vast majority based on my doing deals in PA NJ WV OH SC etc etc.
Tre DeBraga
FHA 203K Loan
22 January 2025 | 4 replies
With a 203k Renovation loan, you can also finance in your payments if you are doing a major rehab.
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.
Christina B.
Lessons Learned: VRBO Pre-Approval is not for me (or most people)
20 December 2024 | 4 replies
Today's lesson: why I won't use VRBO Pre-Approval anymore.I get inquiries from time to time asking things like- is your place truly ski in/ski out?
Sharma Parth
Feedback on company Offer Geek in Flint, Michigan?
21 January 2025 | 14 replies
@Sharma Parth the company is out of Arizona and in 12 markets.Just a few years ago, Flint had a major crisis due to lead water line poisonings.
Toyin Dawodu
WHY DO 95% OF REAL ESTATE INVESTORS FAIL?
12 January 2025 | 23 replies
I don't think 95% fail, I think a vast majority of that don't try.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 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.
Mitch Provost
Student Rental Investment Market
21 January 2025 | 3 replies
Investors are particularly interested in properties near major universities, as they offer stable and growing returns.
Marc Shin
new STR just went live - how do i get reviews?
2 January 2025 | 13 replies
Just use common sense.When you get a request that asks if it is available when a quick look at the calendar or the inquiry show it is available then you should be on the look out.