Akshay Monga
Automating Deal Analysis: Programmatically Pulling MLS Data & Rating Property Conditi
2 January 2025 | 0 replies
I’m exploring ways to automate my deal analysis process and was wondering:1.Is there a way to programmatically pull MLS data?
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 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.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
Relatively new company.
Polat Caglayan
Detroit or Cleveland?
17 January 2025 | 27 replies
They may be offered at a cheaper price point relative to the coasts but that doesn't mean that those neighborhoods haven't seen population growth and appreciation.
Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
Sales comparison A common method that compares the property to similar properties nearby and their relative prices.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Metro, and the expected spike in rent growth in the D.C. metro over the next few yearsSummary:After analyzing the data outlined below, I believe that investing in a value-add, multifamily property today has very strong potential for success.
Benjamin Carver
Raleigh-Durham 2025 Real Estate Market Outlook
24 January 2025 | 1 reply
I find this data super interesting, and took the opportunity to dive into their 2025 edition this week.Nationwide they say we can expect:Average mortgage rates of 6.3%, with rates edging down over the year to reach 6.2% by the end of the year.Home prices will grow by 3.7% across the US, which is pretty modest.
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
When trying to analyse STR I try to use as many data sources as possible, AirDNA, Rabbu, Pricelabs and good old networking, ask around see what other investors are getting for their units.
Jake Rauch
What tools to use for researching markets
26 January 2025 | 2 replies
Where to get the most recent and accurate data for things like:Unemployment dataPopulation growthJob diversity and top employers in the areaVacancy rates (eg huduser.org)Property taxes and jnsurance costsI saw bp pro and reventure and a bunch of other websites provide some of this data, but i wonder how accurate and recent it is.
Jerry Zigounakis
Best Growing Markets To Invest In
29 January 2025 | 14 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.