
8 January 2025 | 11 replies
Hi Eddie, I am getting my real estate license in Montana within by the end of February 2022.

12 January 2025 | 20 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.

22 January 2025 | 22 replies
I’ve seen Windsor hills and it looks nice, hoa seems high though.

14 January 2025 | 2 replies
-PatrickA high yield savings account has a number of advantages.

14 January 2025 | 1 reply
And because I'm looking for a long term finance situation, I'm not looking for a loan that is going to have a really high interest rate, with hopes of refinancing later.

22 January 2025 | 14 replies
I ended up having to raise only a $950,000 for a $10M project.

12 January 2025 | 6 replies
I wanted to purchase a vacant house adjacent to two of mine years ago and it ended up selling, listed/sold same keystrokes to someone with a connection to the nonprofit for less than what I would have paid.

16 January 2025 | 5 replies
@Nick HulmeMaking improvements to your primary to make it high quality enough to rent above market rents, rent it.

16 January 2025 | 7 replies
.- If they say $0-$50, you'll have to get rid of them at end of current lease.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.
13 January 2025 | 7 replies
Let’s break this down:The case for holdingThe 4.75% interest rate is a valuable asset in today’s high-rate environment.