Mike Terry
Port Huron, Saint Clair County and the Thumb Coast of Michigan
25 December 2024 | 4 replies
We don't cover that area, but know that due to lower population density, finding a great PMC is difficult.
Gregory Beaty
FreedomSoft Scam!
27 December 2024 | 22 replies
Oh and people would fill out buyer or seller forms, and they would never populate.
Nicholas Nakamura
Investing in Ohio-Specifically Section 8
5 January 2025 | 33 replies
Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
27 January 2025 | 35 replies
For example they only buy land and build in land lord friendly states.Before they buy land to build on, they thoroughly analyze key market indicators such as population growth, occupancy rates, job growth, and even prioritize top school districts.
Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
I need help finding statistics of appreciation, population growth, job growth.California of course has great appreciation and limited competition growth with high house prices making renting almost a necessity but I worry with more people leaving California then coming in this year that Phoenix might be a better investment in terms of long term growth.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.
Dan Keefe
Inconsistent rent data in Biddeford
19 December 2024 | 10 replies
I know there is a huge shortage of housing and that has driven up price in the past couple years (along with other factors such as the pandemic, population growth, etc) so, I see listings for 2br-1bth for up to 2200 on places like Zillow, Redfin, etc.
Spencer Ware
Retired NFL Player 2x SB Champ
27 January 2025 | 48 replies
The city has great macroeconomics - population growth, job growth, and lots of companies choosing to move and develop here like Intel, Amazon, Meta, etc.
William Bohan
Long term landlord approaching retirement looking to maximize income
31 December 2024 | 18 replies
They are buying NNN single tenant or NNN multitenant retail properties in TX, OK, SC, NC, GA, FL, AL, TN - the states to which the population is migrating and that have business/real estate friendly governments and lower taxes.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).