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19 February 2025 | 7 replies
Appreciate your help
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20 February 2025 | 4 replies
I appreciate you sharing your perspective!
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20 February 2025 | 1 reply
I appreciate any advice or input to help me out with this!
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18 February 2025 | 2 replies
It’s not easy to look past the skeptics, but your approach clearly paid off.As a Direct lender, I appreciate seeing how you creatively structured the deal with owner financing for the purchase and private money for the rehab.
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15 February 2025 | 1 reply
The area seemed to really gain appreciation in the middle of rehab and boosted an ROI that was already projected to be strong.
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21 February 2025 | 4 replies
@Alecia Loveless Thank you for the information I appreciate it
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18 February 2025 | 17 replies
I really appreciate your insight!
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21 February 2025 | 3 replies
The vast majority of your wealth gain in real estate will be by holding properties long term and the appreciation/principal paydown will slowly but surely help you become wealthy.For 90% plus of people out there who are looking to start, house hacking is the best way to go.
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6 February 2025 | 9 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.