Abhishek Wahi
Question About Location: Plymouth Michigan
23 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.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
The PM said they don't up-charge, but most repairs and expenses were ridiculously high.
Victor Yang
NC residential equivalent of a NNN lease?
20 January 2025 | 3 replies
Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant?
Lutfiya Mosley
The Multifamily Mindset program. Biggest regret of so many people. Is it a scam?
24 January 2025 | 35 replies
One of their so called instructors from one of the training sessions asks the students to go to the five star hotels, or go play golf, or go horse riding, or go hang out at the high end night clubs for the sake of fund raising.
Martin Phinney
Moving Out of State - Should I Sell or Rent my House?
28 January 2025 | 9 replies
Ensure lease executed ends April 30 to May 15 for the same reason.
Daniel Windingstad
Lemon or no?
24 January 2025 | 8 replies
If it doesn't work, put it up for sale when the lease ends.
Paul Stern
New Haven Networking
28 December 2024 | 8 replies
I'm a licensed contractor focused on interior remodels, and a realtor as well, reach out if you have any questionsBest,Ryan
Cindy Shiblie
Thoughts on investing in Little Rock
22 January 2025 | 9 replies
Crime in Little Rock is significantly lower than most cities it's the way the city is zoned it looks high based on the old city limits and population.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
The operator may trade off the longer term benefits to keep a high quality tenant in place.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Quote from @Jed Butikofer: Unfortunately, it takes money to make money.With high prices and high mortgage rates, cash flow is difficult to find and we may not see a return to the 2018 market for a while.