Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 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.
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
The Numbers:Cash Flow Analysis: Investors typically look for properties that will generate positive cash flow—meaning the income from rent covers the property’s expenses (mortgage, taxes, maintenance, etc.) and then some.
Anthony French
Any ideas or information finding funding for a development
27 January 2025 | 6 replies
Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.
Joe S.
Is there a demand for Short term rentals in Kyle Texas?
27 January 2025 | 10 replies
I don’t see where a rental would make sense, so I’m trying to look at other options to cover the monthly payments until the market goes back up.
David Hori
Is Pace Morby a Scam?
27 January 2025 | 109 replies
And like everything RE sales related 10 to 15% do 80 to 90% of the deals.. so we know going in that 80% at least of those that buy these courses simply do nothing with it.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
Post insolvency, the framework allows an assessment to all private insurers operating in the state to cover the difference which will subsequently pass the costs along to policy holders.
Christian Conti
Anyone have any Farmfolio Experience?
28 January 2025 | 3 replies
My LOT was $32,500 and then they added the FOA to cover the first 2-3 years.
Melissa Compton
MTR / LTR Tech Stack
23 January 2025 | 1 reply
For the additional features we need that STR apps don't provide, we do the following.esignatures.io for lease signingKeyCheck for background checksOtherwise everything I need is covered by Hostfully, Breezeway, VR Platform, and a few other apps
Jim Stanley
Worth it to use insurance for a repair.
23 January 2025 | 9 replies
They usually have a process for filing a claim with the city for damage caused by them, and they may be willing to cover it.
Matt Wan
Can I buy a property without being physically present for any part?
17 January 2025 | 16 replies
A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.