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Question about wholesaling
9 January 2025 | 1 reply
So, questions: (1) How do I properly introduce myself role when calling a seller and cash buyers?
Ari Wertheimer
Innovative Net Lease SFR Strategy
8 January 2025 | 0 replies
If want to chat more, please let me know and I can make the proper connections.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
If you don't know how to do this properly it can be detrimental.
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
Definitely screen properly and don’t cut corners!
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 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.
Jackie Liu
Unresponsive Property Manager
11 January 2025 | 15 replies
If anyone who is knowledgeable, please chime in so I can relay such information to my friend so they can have proper step to follow.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
Buyer may elect to treat this Contract as canceled, in which case all Earnest Money received hereunder will be returned to Buyer and Buyer may recover such damages as may be proper.
Karen F.
LVP over very thin, hard carpet?
8 January 2025 | 3 replies
There are so many options for LVP now, from lower priced to higher.Yeah, that's not a proper install, you'll have problems.
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
I also have a friend that bought brand new construction, but had to shell out tens of thousands in repairs because the home wasn't built properly, the inspection didn't catch the issues, the builder didn't have a warranty on the property, and insurance didn't cover all the problems.
Becca Pariser
Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
You did things outside of the normal without proper knowledge.