Sean Dunbar
Looking for advice to invest 965k of equity
8 January 2025 | 2 replies
Also, there’s much to delve into on of those scenarios, like what type of cashflow or investment do you want, etc. residential, multi-res, small multi-res, commercial, industrial, etc.There seems to be fewer deals around these days and this typically benefits the more experienced and skilled investors but there are always multiple investors that get “tripped-up” in these markets due to them relying on recent “fortunate” market circumstances only to realize the markets cycle and they weren’t prepared or didn’t underwrite properly to account for unforeseen potential.There are more considerations, but this is a start.
Julio Gonzalez
5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?
Kyle Carter
Role insurance plays
3 January 2025 | 5 replies
Insurance is going to protect you financially from lawsuits, damages, total losses, and other scenarios we can't even begin to imagine until it actually happens.You'll want to have a broker you can work with and trust that will make sure you're properly protected in the event of a loss.
Lauren Rangely
Foundation repair options
7 January 2025 | 5 replies
Place these footings strategically after you have jacked the house up to proper level.
Brett Coultas
New member introduction and host financial question
15 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.
Elizabeth Orth-He
How do you handle STR laundry for larger properties?
26 December 2024 | 9 replies
They’re built for heavy use and have faster drying times—usually 30–45 minutes—without needing major electrical changes.If you’re up for a bigger investment, adding extra stackable units in the garage could be a great long-term fix, though it’ll mean some electrical work and setting up proper ventilation.I’d probably go for the commercial upgrade in your current space first—it’s quicker and might solve the bottleneck right away.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
I have a Writ of Execution.
Phil Johnson
Taking the next step
19 December 2024 | 5 replies
I know I need to assemble a team, I know I need to understand markets and analyze a ton of deals, and I know I need to coordinate it all for execution with the right timing.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
So if I understand correctly, RWN brought shady deals to their investors, watched them invest without proper due diligence and investors got screwed?
Ricardo Polanco
NYC Short Term Rental legal advise
15 January 2025 | 9 replies
It is nearly impossible to follow NYC's requirements and run a proper housing business.