Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
So if I understand correctly, RWN brought shady deals to their investors, watched them invest without proper due diligence and investors got screwed?
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
Also, there’s much to delve into on of those scenarios, like what type of cashflow or investment do you want, etc. residential, multi-res, small multi-res, commercial, industrial, etc.There seems to be fewer deals around these days and this typically benefits the more experienced and skilled investors but there are always multiple investors that get “tripped-up” in these markets due to them relying on recent “fortunate” market circumstances only to realize the markets cycle and they weren’t prepared or didn’t underwrite properly to account for unforeseen potential.There are more considerations, but this is a start.
Ricardo Polanco
NYC Short Term Rental legal advise
15 January 2025 | 9 replies
It is nearly impossible to follow NYC's requirements and run a proper housing business.
Ahshar Sylvestre
Open code violation list
23 December 2024 | 15 replies
Most sources should tell you if it's open or closed/paid.
Sabian Ripplinger
should i use hard money to grow quicker
15 January 2025 | 3 replies
Just know them going in so that you can properly budget.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
Our main goal is to ensure we’re properly protected.Additionally, should we allow pets in our STR?
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.
Matthew McCarty
Started out, need advice. Already have one property and have 100K in the bank.
2 January 2025 | 4 replies
If you learn how to use Hard Money loans properly and how to find good deals in need of rehab, there are plenty of areas of the country where you could buy 3-4 rent properties in solid middle class areas with good cashflow.
Audrey Sommer
Texas Laws on Out of State Investors
9 January 2025 | 8 replies
Better to go right to the source.
Marcus Auerbach
Mortgage rates going up. Is the market expecting inflation?
24 December 2024 | 25 replies
Who is the source?