Mackaylee Beach
2024 was a great FLIPPING year
15 January 2025 | 2 replies
Quote from @Mackaylee Beach: I think these times (the last two years), and this year are the ones that will give birth to some of the best investors.
Brandon Larson
Please Help: Property Management Policy Binder
1 January 2025 | 4 replies
Most businesses, property management or not, fail due to the lack of sales, not due to the lack of systems and phone etiquette.
Tonya English
Launch Your Leads Scam
17 January 2025 | 60 replies
Can I post an email address or phone number#
Matthew Posteraro
Conservative Scaling for House Hacking
18 January 2025 | 8 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.
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 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.
Destiney E Goins
Destiney Goins- new to investing
13 January 2025 | 5 replies
Quote from @Destiney E Goins: Hello, I am new to investing, and feel like I have been blindly stumbling through this experience the last few months.
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
Rent roll was ~$8K last month.
Henry Clark
Belize 25 acres Teak
4 January 2025 | 28 replies
Planted 5,000 seedlings at our last property.
Jonathan Greene
Why You Need a "Deal Killer" In Your Life as a New Investor
2 January 2025 | 37 replies
However, if the deal isn't good, they will tell them why.That last part is a great point.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!