
10 January 2025 | 2 replies
When I'm driving and see a property I may be interested in learning more about, I text myself the address or a picture.

20 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.

14 January 2025 | 17 replies
This is one of the things that sound a lot easier than they are actually done.The crazy thing I learned about these CA fires is that the heat radiation is hot enough (1500-2000F) that it will ignite your furniture through the windows.

12 January 2025 | 23 replies
@Caleb Rehg This thread may be helpful: Nearing 1,000 College Students: Here's What I've Learned

15 January 2025 | 11 replies
Any lessons learned or advice for other investors?

29 December 2024 | 2 replies
Many of the folks I worked with back during the dawn of the internet business era have moved on, so this is a learning curve, but I’m embracing it.Partnerships are something I’m open to, whether it’s working on your projects or collaborating on future deals.

11 January 2025 | 6 replies
Start with one close to home where you can learn and build a team.

10 January 2025 | 9 replies
Lastly, network with local investors and continue learning to refine your strategies.Good luck!

16 January 2025 | 78 replies
Lessons learned!