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27 January 2025 | 1 reply
I recently came across a website called RentToRetirement.com, which helps buyers purchase turnkey investment properties out of state.I was wondering if anyone here has used this site to buy a property.
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21 January 2025 | 59 replies
You don’t have to deal with the repair calls or the sob stories.
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16 January 2025 | 8 replies
No matter whether you are looking at commercial or residential property, the deals that “pencil out” at OFFERING price are few and far between these days.
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31 January 2025 | 6 replies
Like @Ashish Acharya, said there is no holding period and if you're transferring into a disregarded LLC holding period isn't relevant.
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1 February 2025 | 2 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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24 January 2025 | 0 replies
The Latest OTM episode calls out some markets that I've been hearing about for a while, ie Dallas, but one specifically that caught my ear....
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4 February 2025 | 2 replies
Self-insurance is really no insurance.
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6 February 2025 | 1 reply
I see it as no different from borrowing from a bank.
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23 February 2025 | 16 replies
No Hoa.
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10 February 2025 | 3 replies
The seller no longer owns the property, BUT is liable for the mortgage as guarantor.