Eric Miller
Better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
27 December 2024 | 13 replies
Assuming these are in decent areas, this is the best solution.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
I have a son in a similar situation, he went 6 months trying to get decent work and had other issues.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 replies
: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.
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 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.
Dan Ermolovich
Eviction Issue - Out of state investor
29 December 2024 | 5 replies
And yes, any decent PM company should have relationships with reliable eviction attorneys.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
The offer was enough where I would have a decent margin for when things go wrong, but it was rejected.
Venecia Baez
Want to buy first property and I watch a lot of videos, but lack action: How to start
1 January 2025 | 24 replies
Check the property: Make sure it’s in decent shape – no need to take on a major project right away.
Victor N.
Tenant Refusing To Turn on Heat In Winter In Order To Save
18 January 2025 | 36 replies
She's also a teacher making decent wages.
Christopher Charles
Out of state Real Estate Development
22 December 2024 | 7 replies
Additionally, there are Facebook groups where you can find some decent help, but there has to be quite a bit more due diligence and vetting with any and all contractors.
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.