
4 January 2025 | 35 replies
: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, 1-3 years for positive cashflow, 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, immediate cashflow and at the lower end of relative rent & value appreciation.

2 January 2025 | 10 replies
I created an LLC to collect rent and manage any expenses related to the property.

2 January 2025 | 9 replies
If you're targeting Section 8 tenants in Chicago, I'd suggest listing at the fair market rent of $2000.

3 January 2025 | 12 replies
You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids.

4 January 2025 | 1 reply
Lived in this home for many years before buying another and renting this one out.

23 December 2024 | 4 replies
If someone was willing to rent to you with 5 dogs and the stray and her babies are short term, they may not have a problem.

6 January 2025 | 5 replies
Goal here is to use the VA's 0% down on a multiplex and rent out the unit I'm living in after 12m.

8 January 2025 | 9 replies
(I recently saw an article in Forbes talking about the Bay Area’s shifting market) And if you aim to hold properties long term, keep your eyes on towns around the Bay that have had consistent rent growth.Here in my home market of Phoenix, I see investors branching out to places like Austin, Chicago, and even Omaha from what Ive heard because they recognize how trends can shift quickly.

5 January 2025 | 33 replies
The market has a lot of strong points right now: affordable entry prices, great rent-to-price ratios, and high demand for rentals, especially in the Section 8 space.What’s even more exciting is the direction Detroit is heading.