
14 June 2024 | 13 replies
$450,000 can buy you an amazing return in the C class suburbs around metro Detroit.

13 June 2024 | 5 replies
I would consider it a working class town and we have seen great rental demand and had great leasing experience there with the roughly 35 properties that we manage.

12 June 2024 | 5 replies
In today's environment its very different than the last 3, 5, 10 years.

13 June 2024 | 2 replies
I'm planning to buy a SFH in Huntsville in the next 2 months so I'm looking to understand more about the area.My goal is to buy in a B/C class neighborhood for a deal that is expected to be cash flow even.

13 June 2024 | 9 replies
The growth that comes from the knowledge gained through classes, conferences, and networking with industry professionals is far more beneficial than occasional referrals.

10 June 2024 | 1 reply
Purchase price: $900,000 Cash invested: $100,000 In an investing environment where intrest rates are high, creative financing can help maximize cash flow.

13 June 2024 | 10 replies
I think the location was fantastic as it was not in an urban environment and allowed for a peaceful getaway.
13 June 2024 | 2 replies
It's a medical office building located in Prosper, TX and here's a breakdown of the key details:Property Details:Sale Type: Investment or Owner UserProperty Type: OfficeProperty Subtype: MedicalBuilding Size: 9,657 SFBuilding Class: BYear Built: 2023Percent Leased: 100% (Currently Fully Occupied)Tenancy: Multiple TenantsBuilding Height: 1 StoryLand Acres: 1.00 ACZoning: CommercialFinancials:Purchase Price: $676,000 + $81,000 Tenant Improvement (TI)Down Payment: 20%Commission: $22,000 (agent commission)Monthly Rent: $5,400 + NNN (exact expenses not specified)Vacancy (First 6 Months): Estimated expense of $27,600 (assuming rent starts after 6 months)Mortgage Payment Options:25 year term - $4,000/month15 year term - $4,600/monthLooking for Your Expertise:Does this fully leased medical office building present a good potential investment opportunity?

13 June 2024 | 7 replies
at 7.5% interest I would suspect 11% is high unless you are an excellent manager of class C properties.

12 June 2024 | 7 replies
HI @Mike Morgan, I may take you up on that; what's the avg. for 3/2 SFH's in B-class neighborhoods there?