Natalie Gelbke-Mattis
Ready to scale our hospitality portfolio
21 January 2025 | 2 replies
Our buy box specifically focuses on vacation destination accommodations - including boutique motel/hotel, campgrounds, treehouses, cabins, etc.
Jacob Riddle
Hey everyone!! im new and READY. located in flint
26 January 2025 | 5 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.
David Torreggiani
Wholesalers Dallas or Houston?
10 January 2025 | 5 replies
Quote from @Pablo Avila: There are plenty including myself!
AJ Satcher
Single HVAC System In a home with 2 units. Smells go right through duct-work!
15 January 2025 | 2 replies
I know hosts have included additional cleaning fees for violations as a deterrent.If none of these solutions work, you could look into completely independent HVAC systems for the two units, though that would be a bigger upfront investment.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
23 January 2025 | 8 replies
So eventually this negative cash flow property becomes cash flow positive and pays for itself including property taxes, hoa, mortgage etc.Trying to calculate how bad is my investment here or should i sell out if there is appreciation
Dave Schimmels
Investment for beginner
15 January 2025 | 6 replies
Purchase price: $85,000 Cash invested: $33,000 Cash flow is after all expenses including vacancy, maintenance, and capx deductions.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
It should include the following First and last nameEmail addressPhone numbersocial media handlesNotesIn your notes section you will want to write in things like what the potential client is interested in, first and last time you corresponded with them and how you met them.
Tyler Munroe
New MA ADU law can be a gamechanger!
21 January 2025 | 3 replies
Either that or gping with my other option of installing a bathroom on the second floor and including it with the garage as an office space.
Tiamo Wright
Why is Zillow so bad?
21 January 2025 | 5 replies
There is no one with experience in actual real estate high up in the company, which is the problem with most tech companies masquerading as real estate companies (including brokerages).Let me know if you want to know even more. :)