Mike FitzPatrick
Life Bridge Capital?
19 January 2025 | 2 replies
Difficult to tell from the website exactly what type of Passive Investments are available: Fixed Term or Open-Ended.
Michael Braun
Billing tenant for damages prior to move-out
23 January 2025 | 3 replies
I don't want to wait to fix this, because the urine could seep into the subfloor and legally speaking I need to mitigate my damages.
Polat Caglayan
invest in detroit
8 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.
Sol Baum
Re: No due diligence-commercial
22 January 2025 | 7 replies
How about a sales contract with contingencies but with a limit where the buyer can only terminate the contract if their find material defects exceeding a certain dollar amount.
Walter Pineda
Your Property Management suggestion for Memphis, TN Please.
24 January 2025 | 12 replies
Now I am in the process of selling the property due to high cost of getting it fixed.
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
They can fix them to get their SD back or you can deduct that without them saying "it was like this before".
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
I'm fine with doing some minor fixes and improvements to a property: Adding overhead lighting/fans, better flooring, maybe redoing a main bathroom.
Samuel Kim
Real estate professional status 750 hours doable?
26 January 2025 | 26 replies
If you have high W2 income, the amount your STR makes (or loses) will be peanuts compared to the tax savings.
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
29 January 2025 | 23 replies
Even with renovation costs and insurance costs the fix n flips are still making money.
Randee Erickson
Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
On a Fix and Flip Loan, Max LTC is 90%, 100%Rehab, 90% Property Purchase on Value.