Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
Many of my decent wholesalers present failed flips for someone else to take over.
William F.
What are your experiences with the different land ed course available?
26 December 2024 | 8 replies
The course is decent & does cover more than rural land.
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 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.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
You can simply use a free or occasionally paid coworking space when a meeting room is needed.To quickly zoom in on needing a meeting room: a thing to have in mind is that meetings here in Spain a lot of times are done during lunch with a decent priced menu of the day (the Spaniards immediately know what I mean).
Chandra Faulk
How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
I expect to have at least a few decent applicants in that initial 2-3 weeks. 6.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
Currently just missing decent PMs to work with and looking for more recommendations.
Rick M.
What to do if tenant falls a month behind
25 December 2024 | 12 replies
He can leave voluntarily and on decent terms, or you can evict him.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
Buy solid properties in decent neighborhoods and screen your tenants well.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
1 February 2025 | 52 replies
Average cap rate for a quality growing market with decent tenants are 3-6% so that’s all your cash flow will be if no mortgage.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
In the US, they can be randomly shot at a supermarket, a school or a nightclub.