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28 January 2025 | 4 replies
For the proceeds I have to pay seller I would have to issue him a 1099 right?
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19 January 2025 | 18 replies
So far I've owned the place for 4 months and have not had any issues with my tenant yet.Am I Happy With My Purchase?
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31 January 2025 | 6 replies
If you sell directly to a homeowner, the issue can come back on you and bite you in the a...
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21 January 2025 | 5 replies
Who is handling the syndication related to their raising money?
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3 February 2025 | 31 replies
You can become free relatively quickly.
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22 January 2025 | 20 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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29 January 2025 | 3 replies
I am active duty military and plan to use the property for deployments/holidays for my family to stay near relatives until I separate in 4 years, then to use that property as one of several future investment properties.
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21 January 2025 | 21 replies
I can help with the financing portion, but I would love to help connect you with an outstanding relator in the area.
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31 January 2025 | 10 replies
The problems you mention are just known issues.
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6 February 2025 | 15 replies
There's a very good chance the issue(s) you face have already been discussed and answered.Ask questions in the appropriate forum.