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26 January 2025 | 54 replies
I bet you'll learn just as much (if not more) for about 1% of the cost.
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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.
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30 January 2025 | 0 replies
And so, in other words, you may not be limited to just one program.”If you want to learn more or see what you qualify for, be sure to lean on the pros.
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3 February 2025 | 7 replies
Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.
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7 February 2025 | 16 replies
I'm still learning, but I'm glad I started investing in more real estate.
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4 February 2025 | 24 replies
this is what we build and we do it with newbies but make sure you partner with a builder who has experience and a track record.
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27 January 2025 | 7 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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24 January 2025 | 21 replies
Reading and watching BP podcasts to learn.
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3 January 2025 | 2 replies
While I’m still in the early stages, I’m incredibly motivated to learn, grow, and surround myself with like-minded individuals who can help guide me along the way.What drew me to real estate is that I saw it as the best route for me and family to have financial freedom.
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3 February 2025 | 26 replies
Make sure the lender you choose has a strong background in this type of lending...check them out on Linked In to see their experience level.