Alvin Sylvain
Anybody play this game called "Tenants" on Steam?
24 December 2024 | 9 replies
Quote from @Alvin Sylvain: This could be a good idea if executed properly.
Rick Im
Discrepancies with public records
28 December 2024 | 4 replies
Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 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.
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.
Venkata Soma
Single Family Long Term Rental - BRRRR strategy
15 December 2024 | 1 reply
Checked it on zillow and coordinated with my realtor who represented me How did you finance this deal?
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes it does, needing to keep the books and properties seperate for proper Tax Reporting and any 1099s you may need to file can be costly.
Apryl Skahill
How to get spouse on board?
28 January 2025 | 19 replies
Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
I have had a good experience with Proper Insurance.
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.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Metro area will lead to there being fewer total units available, and higher occupancy in multifamily buildings.Population GrowthCoStar: Population Growth, DC Metro, United States (1/7/2025) Period Washington United States 2030 0.758% 0.498% 2029 0.758% 0.500% 2028 0.757% 0.507% 2027 0.765% 0.515% 2026 0.834% 0.532% 2025 0.966% 0.563% 2024 0.983% 0.569% 2023 0.707% 0.500% 2022 0.262% 0.423% 2021 0.004% 0.189% 2020 0.123% 0.285% 2019 0.946% 0.514% 2018 0.947% 0.562% 2017 1.058% 0.657% 2016 1.079% 0.762% 2015 1.125% 0.785% Washington D.C Proper surpassed 700,000 residents for the first time since 2019, showing the continued resurgence of the city since issues that arose for the city during the Pandemic (Source).