Elijah Berg
36% Rent increse Two weeks Into First duplex as a 19 year old Investor
4 January 2025 | 23 replies
You lack the proper perspective.
Ethan Slater
New Member Joining BiggerPockets
4 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.
Keaton Sheffert
First Time Attempting to Re-zone Land - Advice Needed
14 December 2024 | 13 replies
In the report I plan on having a executive summary which outlines what the project is and how it will help the community.
David Putz
Lets hear what Note Servicers other Note Investors use.
2 January 2025 | 29 replies
You can check the NMLS for licensing (some servicers will operate without being properly licensed in that state).
Ken M.
Creative Financing for 2025
2 January 2025 | 10 replies
Now, ca n you learn to properly do creative financing from a mentor/coach/investor - of course.
Ke Nan Wang
6 Bedroom 5 Bath Multi Generation Co-living New Construction Investment Project
15 December 2024 | 2 replies
How to execute a 1031 exchange build to suitHow to operate and self manage a co-living propertyDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Augusta Owens
New member and new to real estate
7 January 2025 | 12 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.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
It cannot be killed by executive decree.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
25 December 2024 | 12 replies
Whether it’s the proper legal route or unconventional methods, I’m open to any suggestions to help me get rid of these tenants sooner.Thank you in advance.I completely understand your frustration—situations like these can be incredibly challenging, both financially and emotionally.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
Said tenant failed to hook up the drain line properly both times.