Marisela Arechiga
To ADU or to Purchase Another?
14 January 2025 | 8 replies
Building small units in small counts is expensive development.
Tobi Isaacs
Who can beat this HELOC?
9 January 2025 | 5 replies
It seems your lender is a bit more expensive coming in at WSJ prime + 1.65%.
Jenna Schulze
Best city to begin investing
8 January 2025 | 34 replies
Here's a breakdown to consider:Cleveland: @Zeke Liston You're right, Cleveland often boasts lower purchase prices, making entry easier.
Brett Riemensnider
Seeking Advice on HELOC’s
13 January 2025 | 11 replies
Will you need the equity in your primary home for any future personal expenses?
Mitchell Rosenberg
Tips for Finding Affordable Properties with High Rent Potential?
9 January 2025 | 8 replies
You'll get a feel for the age of the neighborhoods, the vitality of the commercial buildings, the ease of location, the closeness to jobs.The markets you're describing are more linear, and usually have lower capital appreciation.
Steven Catudal
Investing in Alabama as out of state investor with a partner
15 January 2025 | 12 replies
I had a few questions and would appreciate any advice in general.Strategy / Goal: BRRRR but no major rehab at first to lower the risk.
Youssef Pullman
Dallas , Houston market insight
9 January 2025 | 2 replies
In my opinion, Dallas represents more upside with lower risk, and is less expensive than Houston.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
Hello all,Has anyone sold a short term rental owned over a year as a non real estate professional that qualified as short term capital gains tax deductions with expenses and depreciation?
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
As noted above, up to 50% of gross rental income normally gets eaten up by expenses (taxes, management fees, utilities, landscaping, repairs, capex, etc).
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.