Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
The agency granted a permit for repairs to make the Pomona Street property structurally sound last month, she said.The vacant, dilapidated house at 915 Dauphin St., meanwhile, was listed as having a market value of $200,000 in a February 2020 RAD document, about three years after DDH Fund paid $27,000 for that property when images on the Atlas property-data website show it was in better condition.Those asset-value calculations are behind RAD’s big stock-value jumps.
Ezra Avery
Hello & Thank You
7 January 2025 | 5 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.
Mohamad Taisir Albik
Property insurace cost for duplex
20 January 2025 | 1 reply
New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.
Tyler Condon
Buying a rental property in Kingman Arizona
13 January 2025 | 5 replies
One was purchased a few years ago by an out-of-state owner who has decided to sell and has doubled in value.
Lisa Albright
Rehab personal home taking funds from rental property equity
13 January 2025 | 8 replies
Both allow you to avoid touching retirement funds while leveraging the value of your properties.
Kyia Raiford
Newbie eager to learn & find a mentor!
21 January 2025 | 9 replies
I’m looking for a local mentor that I can learn from and provide value to so any suggestions on how to find one and pitch myself would be great as well!
Augusta Owens
Planning my process
9 January 2025 | 5 replies
This means the loan value will equal the property value and your mortgage payment will be high.
David Robertson
Young Entrepreneur Starting a Real Estate Company – Seeking Advice on Raising Capital
17 January 2025 | 4 replies
"Value add multifamily" is a cute term, but it will be an absolute bear of a project that will evaporate cash if you don't know what you are doing...and perhaps even if you do know what you are doing.
Jonathan S.
Passive Real Estate Investing
15 January 2025 | 10 replies
Or if they are doing value-added multifamily, they will show you their hotel experience.