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5 February 2025 | 28 replies
Over time, I have go to staples and with resources like Minoan, I've brought the price down a bit.
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28 January 2025 | 3 replies
The Real Estate Rookie podcast is such a great resource—you're off to a fantastic start.
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20 January 2025 | 22 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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5 February 2025 | 8 replies
Hi Brett, you should run a proper property analysis.
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31 January 2025 | 46 replies
I sure don't want to consider myself an abuser of this forum, and therefore don't see that as a proper solution.Nonetheless I do agree with @Joshua Dorkin that it can disrupt the flow of conversation... but I don't agree that most forums act this way; I've been a member of multiple forums, and most of them have options to delete posts... rather than contacting support or marking your own post as abusive.I digress...
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24 January 2025 | 8 replies
There are not a ton of comps on Zillow or other websites that I have checked and it was last sold a while ago so even these resources are unable to give me a quote.
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5 February 2025 | 5 replies
I am also in search of similar resources in that area.
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11 February 2025 | 0 replies
*Be Informed — Stay on top of market trends, zoning changes, and economic shifts that can affect real estate values.ConclusionWith a reasonable strategy, a little resourcefulness, and a lot of hard work, fix-and-flip investing in the Phoenix area can be extremely lucrative.
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11 February 2025 | 16 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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17 January 2025 | 19 replies
I know this is a big leap, but any advice, criticism, or resources are greatly appreciated.