Anna Nickens
Advice for a Newbie
23 January 2025 | 5 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Marlena Hawkins
Property Management Insurance
29 January 2025 | 2 replies
., property management companies aren’t legally required to carry general liability insurance, but it’s highly recommended for protection against bodily injury or property damage claims.
Henry Clark
Tariffs and commercial buildjng
1 February 2025 | 7 replies
Our two story more family homes started at 500k and have ended up at 675k to 725k.. with our original nets at 100k ( was the goal) to now we are 100k to 150k NET NET NET on those.. we have 17 more to deliver and 11 are presold at those high numbers and so if I can keep lumber where i need it we should have a very nice last year of the project.
Andrew Fletcher
Happy Holidays everyone
20 January 2025 | 2 replies
Hey Andrew, welcome to the Forums.That’s awesome you’ve been learning about real estate since high school—starting early will really pay off.
Nelson Badillo
Water Meter Issues!
27 January 2025 | 0 replies
This normally would not be an issue but the cost of the water/sewer is extremely high in this area and specifically because the meter is a one inch, the costs are much higher than a normal 3/4 inch on a non-duplex.
Grant Shipman
24-Hour Case Study: Co-Living Marketing
31 January 2025 | 0 replies
.📊 The 24-Hour Results:✅ 695 New Contacts✅ 100% Email Open Rate✅ 15 House Tour Requests✅ 2 Applications Submitted🔥 The Strategy: Livingsmith Partnership Database ApproachOn Friday, January 24, 2025, we launched a simple but highly effective outreach approach to attract potential tenants and partners.
Edward Barrett
Section 8 for newbie investor?
26 January 2025 | 7 replies
Especially in Dayton, where you'll get that high cash-flow.
Evan Camire
Charleston STR Arbitrage
27 January 2025 | 2 replies
It will be highly dependent on the district and licensing.
Kris L.
Selecting the right agent
26 January 2025 | 12 replies
The first agent is absolutely certain the house will sell in the high 400’s.
David Lewis
First Timer - Long Distance Investment?
31 January 2025 | 7 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.