21 January 2025 | 4 replies
If not, I have included an article below that sheds light.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/45649/small_1621408379-avatar-breeves2245.jpg?twic=v1/output=image&v=2)
16 January 2025 | 6 replies
Assume break even cash flow while rented which includes a generous $600/mo repair fund.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2384861/small_1737505563-avatar-jamesb1383.jpg?twic=v1/output=image&v=2)
27 January 2025 | 6 replies
However, if you sell instead of rebuilding, the IRS may include part of the payout in your taxable gain unless reinvested under the §1033 involuntary conversion rules, which allow you to defer taxes by purchasing a similar property within two years.If the property was your primary residence, you may exclude up to $250K (single) or $500K (married) of gains if you lived there for at least 2 of the last 5 years, likely resulting in no taxes owed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/793486/small_1621497544-avatar-hitanshu.jpg?twic=v1/output=image&v=2)
15 January 2025 | 7 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/852424/small_1621504459-avatar-maxwells6.jpg?twic=v1/output=image&v=2)
25 January 2025 | 26 replies
It should include the following First and last nameEmail addressPhone numbersocial media handlesNotesIn your notes section you will want to write in things like what the potential client is interested in, first and last time you corresponded with them and how you met them.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2382149/small_1672874342-avatar-kayk39.jpg?twic=v1/output=image&v=2)
2 February 2025 | 178 replies
Several of us, myself included, were referred by Norada (Marco Santarelli).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/128520/small_1694601603-avatar-pixelrogue.jpg?twic=v1/output=image&v=2)
20 January 2025 | 6 replies
I looked into the maintenance option years back to discover a trend of: apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2717582/small_1736642302-avatar-abhishekw1.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1430532/small_1636122533-avatar-sdjohnso.jpg?twic=v1/output=image&v=2)
31 January 2025 | 20 replies
I have seen it backfire when companies attempt to get posts removed, including with legal threats.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1983759/small_1627670807-avatar-chrisb1173.jpg?twic=v1/output=image&v=2)
17 January 2025 | 1 reply
The Creative Investor Meetup is designed for beginning to advanced investors who would like additional strategies when constructing deals.All aspects of real estate investing will be covered including (but not limited to) - Wholesaling, Flipping, Buy and Hold and Commercial with an emphasis on Creative Financing.