Derick Jennings
New to this
31 January 2025 | 12 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.
Geoff Engel
Starting late, but ready to go
24 January 2025 | 18 replies
To get started, continue learning through podcasts like the BiggerPockets Real Estate Podcast and books like "The Book on Rental Property Investing" and "Set for Life."
Yael Doron
Title: New to BRRRR in Queen Creek, AZ – Seeking Advice and Connections!
22 January 2025 | 8 replies
We’re excited to learn more about the area and would love some guidance from those with experience in this market.Here’s what we’re looking to understand:Best Neighborhoods: Which neighborhoods in Queen Creek are considered the most desirable for rentals or flips?
Byron Umana
New to Airbnb? These eBooks Can Help You Get Started!
31 January 2025 | 6 replies
Quote from @Byron Umana: If you're just getting started with short-term rentals, there's a lot to learn—pricing strategies, guest communication, automation, and more.
Andy Jimenez
New Investor looking forward to network
26 January 2025 | 2 replies
I have done some research on using OPM as well.I first began learning about Wholesaling and studied a bunch of content over Youtube University where I came across BP.
Emeka Okeke
Ready to get to it
23 January 2025 | 7 replies
@Emeka OkekeIt's great to see your commitment to learning and networking—those are key to success in real estate.
Tyler Walley
Getting Started in Short Term Rentals
31 January 2025 | 9 replies
Lessons Learned: What's one thing you wish you knew before starting?
Vanessa Lozano
New Member from San Antonio, Texas - Looking to start my real estate journey
21 January 2025 | 16 replies
It's an amazing place to learn and grow in real estate.
Nick Rutkowski
Not Going As Planned
30 January 2025 | 7 replies
Mostly about things I do wrong, how I correct it, and the lesson I learn.
Dillon Clark
Looking to hear someone’s local experience in starting out.
24 January 2025 | 3 replies
Networking with other investors and professionals is crucial for learning and finding opportunities.