Vincent Weselak
Is Homeowners Insurance Cover Somewhere in the BRRRR Calculating Tool?
21 January 2025 | 3 replies
I am using the BRRRR Calculator and was wondering if Homeowners Insurance estimate was included somewhere or if I had to manually enter it somewhere?
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
I feel ya, but it's a normal and customary practice.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
Alternatively, if you’re using QuickBooks Online with a plan that includes the "Payments" feature, you can collect rent directly through QuickBooks while staying on top of your bookkeeping
David Young
Questions From a first time Investor
29 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.
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
15 January 2025 | 11 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.
Hellen Nitschke
Question about selling
29 January 2025 | 3 replies
There's a standard syndication that goes out to sites like Zillow, Redfin etc that is included when it is listed in the MLS; hence why people can find properties from across the country.
John Jacobs
Actual Cash Value versus Full Repair Cost
20 January 2025 | 0 replies
The Homeowners Insurance will include Builder's Risk.
Jerry Nogueras
NYC Residents- Which areas outside NYC have you seen the most success for rentals?
25 January 2025 | 4 replies
Let's of NYC investors look at other cities in NY, Rochester, Buffalo, etc... they can drive to them to see them, and they know the state well enough to feel comfortable.Most of the rust belt cities in NY offer cash flow as well.
David Hoffman
Industrial real estate operators
30 January 2025 | 20 replies
Feel free to message me if you have any questions.
Joe S.
Creating a note in order to sell it.
27 January 2025 | 7 replies
Proper underwriting - this includes an appraisal, loan app and full underwriting to comply with CFPB regulations.2.