Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
Do you know the city people for example at building/zoning department?
Ajit Singh
New Member - Serious Investor - ISO of a Mentor
6 January 2025 | 5 replies
The majority is RE agents & associates desperate for business, predatory and awful.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
Charles Masten
Expanding to Columbus, Ohio - Looking to Connect!
29 January 2025 | 7 replies
I use to tear down dozens of homes here and in Franklinton that almost blew over. not a lot in linden since they are built after 1945 and without all the major issues.
Reno Philip
Connecting with other Houston investors
10 January 2025 | 15 replies
I prefer to stay further from the coast and hopefully further from major storm/flooding events (potentially lower insurance costs).
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 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.
Michael Long
Investing Cleveland, OH area
9 January 2025 | 10 replies
Columbus also has great macroeconomics - lots of job growth, population growth, and major employers developing here.
John Friendas
LLC Mortgage Under Partner Instead of Me
23 January 2025 | 23 replies
Quote from @John Friendas: Hey,My investing partner and I have reached an agreement where he would have the debt under his name and apply for it individually, and I would do the majority of the management (he is out of state and my income is half his).
Ethan Slater
New Member Joining BiggerPockets
4 January 2025 | 14 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.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
Under $100k, were talking Old, beat up, it's coming with issues and the vast majority of time there is hidden uglies that come out later.