
14 January 2025 | 10 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.

23 January 2025 | 3 replies
Feel free to PM me if you have any questions.

22 January 2025 | 3 replies
@Dhruvin Bhadani - At face value, these numbers make sense.

22 January 2025 | 9 replies
Feel free to ask anything, anytime.Cheers!

21 January 2025 | 1 reply
Be skeptical of the developer's claims, as your property's value likely won't see substantial growth until the entire development is completed and sold, which could take several years.

8 February 2025 | 21 replies
If you’re in a hurry to find a deal fast then you might be going at it with too much desperation that a seller can feel and get nervous about.P.S I am a direct buyer or not a Whole Seller.

8 February 2025 | 22 replies
I’m guessing your rents are far below market value.

24 January 2025 | 8 replies
If you gift a house, the fair market value (FMV) at the time of the gift applies to the lifetime gift limit—not the amount you purchased it for.

14 January 2025 | 8 replies
But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)

28 January 2025 | 12 replies
Always have a clear exit strategy, whether you plan to rent, flip, or sell the property down the line.If you or your son are looking for more hands-on guidance, feel free to reach out directly.