Scott Stamps
BetterLife Tribe program - Brandon Turner - looking for reviews and feedback
20 January 2025 | 8 replies
ya Open door capital struggles are well documented..
Noah Davis
Wholesalers/ Deal Finding
6 February 2025 | 7 replies
I can also be a resource for you if you're interested in acquiring run-down or as-is properties.I look forward to connecting with you and learning more about your real estate goals.
Marc Zak
Cost burden of appreciation
5 February 2025 | 5 replies
This seems unlikely in the long run. you are forgetting that someone is paying down your principal for you so you need to take that into consideration.
Leon George
New to BP Community
24 January 2025 | 13 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.
Mitchel Johnson
College Senior Getting Into Multifamily properties
3 February 2025 | 5 replies
Alternatively, happy to be a resource, run analysis on deals etc.
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
@Alison EvansI could not imagine managing 48 doors!
Joe S.
Note buyers for owner finance buyers without socials
22 January 2025 | 7 replies
.: Quote from @Jay Hinrichs: when I was buying notes I did not even run credit.. but I only paid 10 to 20 cents on the dollar.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
I gave her 30k in 2024 and that was to buy a new car to replace her 15 year old Accord (which just keeps on running).
Seth Singer
First Property! What’s something you don’t hear discussed often enough?
24 January 2025 | 11 replies
If you're in it for the long run you'll learn that management makes a good investment into a great investment.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Here’s what I’ve seen work well:Furniture Purchase:If the furniture fits the vibe you’re going for and is in good shape, buying it can definitely help you hit the ground running.