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26 January 2025 | 32 replies
I have learned a ton about flipping and now have current deals going on.
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20 January 2025 | 10 replies
I'm sure we can learn from each other so let's stay in touch!
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23 January 2025 | 4 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.
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7 February 2025 | 6 replies
I’m new to the world of real estate but incredibly motivated to learn and grow.
1 January 2025 | 2 replies
.: Quote from @Don Solt: Hi folks, As the topic states I'm looking to learn everything I can about the City of Philadelphia and its real-estate market.
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6 February 2025 | 2 replies
And A LOT of learning lessons.
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29 January 2025 | 21 replies
(not sure on state law but this probably is a tough sell)4.
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3 January 2025 | 2 replies
2024 will go down as, "The Year of Taking Action".
Getting back in the game came with some challenges. Mostly, the challenges were related to having the wrong mindset about taking action.
Measuring the input is the...
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7 February 2025 | 12 replies
Hello, I just completed the Multfamily boot camp and I learned the importance of partnerships.