Serge Hounkponou
New member from Indiana
7 January 2025 | 4 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.
Carlos Rodriguez
New to US market
11 January 2025 | 9 replies
@Kunal Saluja we've got a map with a lot of information at our website:)
Raquel Wilson
New to Real Estate – Focused on BRRRR & Rentals for International Investors
4 January 2025 | 5 replies
I think you have a good plan, BRRRR is still a great route in the current market, and especially for the states you are already in - both Indiana and Georgia are very well positioned for BRRRR deals in my view / experience
Akshay Monga
H1B Couple Exploring Real Estate Investing: Seeking Strategy Advice and Networking
26 December 2024 | 7 replies
Sounds like you are in a pretty strong financial position.
Paul Dario Jr
Options for HELOC’s 2025
31 December 2024 | 1 reply
I recently helped a friend who was in a similar position - looking to tap into equity for a rental property purchase in Phoenix.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
You can find the most recent sales price for the property on the local tax records website or by doing a quick search on Zillow.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
Turn this around into a positive feel for the tenants.
Tuan Tran
Section 8 Fort Wayne, IN
15 January 2025 | 7 replies
The FMR on HUD's website are inclusive of utilities.
Willie J Baxter
Creative financing tips?
9 January 2025 | 3 replies
I used dealcheck on a multiunit in the area and played around with it till i could cash flow positive $250/mo.
Kenneth Joseph Perfido
Should I Pay Off My VA Loan Quickly or Keep Leveraging Debt?
16 January 2025 | 3 replies
@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.