Vincent DeLucia
Any thoughts on Detroit, Mi and the surrounding Cities
31 October 2024 | 6 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+, 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, 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.
Eric Hempler
Raising capital for someone else's syndication (co-gp)
4 November 2024 | 21 replies
We have a unique customizable fund platform that allows you to raise money one deal at a time instead of a blind pool fund that forces your investors to invest in each deal.
Joseph E.
Nothing but Good Options, (but which one?!)
1 November 2024 | 6 replies
Trying to go the seller financing route may severely limit your buying pool.
Cian DeBaldo
Ready to dip our toes in the real estate pool
29 October 2024 | 4 replies
Hello all! My name is Cian. I’m new to the community as well as real estate investing. Looking forward to learning a lot from the bigger pockets community
Kaitlin C.
PadSplit investment outcomes
4 November 2024 | 24 replies
However, let's say the lender were to foreclose on an existing PadSplit, what has a larger buyer pool: (since any lender that want's to foreclose wants to make the disposition of property as seamless as possible), a standard SFR, or an SFR with multiple modified bedrooms/faux walls?
Shawn Soltani
Hello from the Sunny Spain!
23 October 2024 | 9 replies
Feel free to reach out if you're interested in investing in sunny Spain or just want to chat about real estate!
Kerron Hendrickson
New to the Investment world
30 October 2024 | 16 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.
William HooFatt
Allow MTR in Condo HOA Board bylaw change?
30 October 2024 | 1 reply
I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!
William C.
$10k in water damage caused by tenant. Advice on how to handle.
4 November 2024 | 14 replies
Next, 10k in damage seems excessive for an emergency leak, since if the leak was in a wall, it would most likely result in most of the water falling into a basement (if there is a basement) or it would pool along the floor.
Jin Chung
Flow do I winterize a property.
1 November 2024 | 6 replies
If your unsure, hire a plumber as others have suggested, pipes are never level and your going to have water pool in low points which will freeze and bust the pipe.