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7 February 2025 | 13 replies
will you have a net positive return vs selling it as a 4 unit?
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7 February 2025 | 7 replies
I agree that demand and the house staying dry during Hurricane Milton were positive signs.
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26 January 2025 | 8 replies
There was positive population growth, medium home price growth, low unemployment, good rent to home ratios, and low crime, all of which are factors when I start looking into an area to invest in.
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26 January 2025 | 5 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.
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9 February 2025 | 61 replies
You are in a decent position and if done right you will be ok over time.
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22 January 2025 | 5 replies
Have others used them and had a positive experience?
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19 January 2025 | 2 replies
That was some time ago and opinions do change but last I had heard it was positive.
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28 January 2025 | 14 replies
So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years.
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18 January 2025 | 1 reply
Those positions are hard to come by but if you can find one and get your green card, you're set!
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22 January 2025 | 8 replies
You can find positive cash flow in both markets.