Quote from @Brett Siegel: I’m Brett, a 29-year-old general dentist based in Loudon county.

I shows my what dates people are searching for this year and last year.

Even work for them for years, yes years.

Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

I am planning on doing a flip or a build in Phoenix in the next one to two years.

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.

Quote from @Naomi Feld: With last year's changes in the U.S. real estate industry, particularly concerning broker commissions, I am wondering what to expect to pay a broker for a home sale north of $30mm in the USVI.

It sounds like you’ve accomplished a lot in three years—congrats!

You can qualify for lower down payment loans, and after a year you can move out, keep the same loan terms and convert the unit you vacated into a rental.thank you!

I am 23 years old on December 31st , 2024 and have been always very interested in fix and flip or wholeselling homes since I was a teenager.