Peter Firehock
Alexandria City Virginia (Washington D.C. Suburb) Buy and Hold Investment Thesis
18 December 2024 | 3 replies
Below each snapshot of the sub-market reports I wrote, you will find all sources cited below each sub-market report.Here is an overview of Alexandria Virginia:- Old Town Alexandria is a major tourist attraction, with constant demand from businesses especially given its easy access to D.C. via the G.W.
Anderson Banegas Cerrato
From Hustling to Building – Let’s Scale Together
23 December 2024 | 1 reply
.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.
Moe Chafei
HI Everyone -
27 December 2024 | 3 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
18 January 2025 | 6 replies
Whether it’s developing new housing complexes or refurbishing existing ones for higher-end rentals, the opportunities for capitalizing on this growth are vast.The decision by Anduril Industries to set up shop in Columbus is a game-changer, signaling a major shift in the city's economic landscape that savvy investors should not overlook.
John Rose
New Investor from Texas
28 December 2024 | 6 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Natasha Rooney
Multifamily Properties in Indianapolis
17 January 2025 | 13 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.
Leon George
New to BP Community
12 January 2025 | 11 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Abriauna Garcia
Advice for a first time home buyer
27 December 2024 | 3 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Scott Baker
New to the community
25 December 2024 | 2 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Brett Coultas
New member introduction and host financial question
15 January 2025 | 6 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.