Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
This is because I'm concerned that even though the things in the house I can see look great things like the electrical, plumbing, or the foundation may need major repair if not immediately relatively soon.
Michael Beirne
Section 8 BRRRR in Baltimore
22 January 2025 | 15 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.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
14 January 2025 | 4 replies
Relative AffordabilityDespite recent price increases, Buffalo’s housing market remains more affordable compared to many other U.S. metros.
Sino U.
Inspection: What to check for duplex
21 January 2025 | 5 replies
In a perfect world the water is hard piped at least 15-20 feet from the structure once it comes out of the gutters.Where is the top of foundation in relation to elevation of drainage and elevation of the road?
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
The management company replaced some of them, however there are still several other fees related to the theft that we are trying to get reimbursed for (they told us we would not be charged, they charged us anyways).
Srikanth Kumar
neighbourhoods to focus in cleveland for multifamilies
12 January 2025 | 26 replies
Quote from @Srikanth Kumar: Hi Everyone,I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland.
Aldo Valeriani
Help Needed: Stop Work Notice in Covington, GA for Fix-and-Flip Property
17 January 2025 | 2 replies
Quote from @Aldo Valeriani: Hello everyone,I’m relatively new to real estate investing, and this is my second fix-and-flip property.
Don Konipol
The Most DANGEROUS Real Estate Investments for the “Amateur” Investor
23 January 2025 | 18 replies
Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge and experience in these investments 1.
Craig Parsons
To Build a Garage or not To Build a garage
18 January 2025 | 2 replies
I can however relatively quickly add up to a 500 Sqft garage.