Gil Canfu
🚨 Dallas Real Estate Investors - Need Your Insights! 🚨
30 January 2025 | 14 replies
If that’s the case, I’d recommend considering areas outside of Dallas proper where you can still find properties with strong growth potential.Cities like Prosper, Melissa, Princeton, and Anna are excellent options to explore.
Natasha Rooney
Multifamily Properties in Indianapolis
29 January 2025 | 16 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.
Jared Carpenter
Phoenix SFH/MF/flipping contacts
24 January 2025 | 6 replies
It's a little different but structured properly it beats the work, hassles and uncertainties of flips.
Leon George
New to BP Community
24 January 2025 | 13 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.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
Google for a Service Agent who does Evictions and pay to get them out.
Anirudh Reddy
Who can claim interest paid on a seller finance property?
4 February 2025 | 17 replies
He pays seller's note ("outside" loan), and then the seller turns around and pays his loan ("inside" loan).
Chantelle Lewis
Property manager recommendations - LA County
24 January 2025 | 3 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Shayan Sameer
Questions About Purchasing a Duplex as a rental
17 January 2025 | 11 replies
When you have studied your market properly you should be able to provide the answer of if single family or residential multifamily is better for cash flow. 1% rule was for a time when almost all deals were decent as a way to rule out the lessor deals and concentrate on the best deals.
Daniel Alvarez
What is the best way to see a person is a good Tennant?
12 January 2025 | 11 replies
Pays the rent, in full, on time, every time.2.
NA NA
Question about wholesaling
9 January 2025 | 1 reply
So, questions: (1) How do I properly introduce myself role when calling a seller and cash buyers? Â