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11 February 2025 | 183 replies
Anyone with experience on this?
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2 February 2025 | 22 replies
Would love feedback from anyone with personal investing and/or property management experience in these cities.
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14 January 2025 | 1 reply
If anyone has the names of such non-profits and/or anyone with experience doing this as a landlord, I would like to speak with you.Michael King
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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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12 February 2025 | 5 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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11 February 2025 | 4 replies
Quote from @Andrew Cargal: I want to share my experience with The Mortgage Shop.
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11 February 2025 | 31 replies
I think a lot of new LPs look at fees a bit too much where at the end of the day its LP returns in your pocket.
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7 February 2025 | 9 replies
Hello Joshua, we invest in West Texas area, all short-term rentals (4 1/2 years experience).
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3 February 2025 | 0 replies
Option 2: Make minor upgrades to the rental property to increase the rent (the current lease is almost ending) and hold onto it.
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29 January 2025 | 32 replies
Do you know what you are doing based on actual practical hands on experience?