Danielle B.
Out-of-State - Ohio Section 8 Housing
22 January 2025 | 21 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.
Daniel Dubeck
Gap funding
28 December 2024 | 13 replies
I started a nonprofit to assist in ending homelessness in America.
Chris Kay
How to Form First Core Four (BRRRR Team)
30 December 2024 | 20 replies
Just search and try to find ones that understand sourcing investment properties.
Stacey Olson
Looking for a Stellar Property Manager in Cullman, AL
9 January 2025 | 4 replies
@Stacey OlsonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
Actually you'd never hit that because eventually the debt pushes you into a margin call and forced sell and you'd be at or near $0 in just handful of years at best.
Bryan Perea
New to biggerpockets
4 January 2025 | 4 replies
Unfortunately, while all the online places area great sources of information, you are much less likely to take action, or find someone to shadow, when online in a forum.
Adam Michel
First Time Buyer - Off-Market Inheritance Deal
14 January 2025 | 2 replies
However, seeing as though I have already sourced the deal myself, would it still be in my best interest to use a realtor for this transaction if it works out?
Pierre E.
300k average profit on a flip - is that real?
28 December 2024 | 7 replies
New builds in the 2 mil plus this would be average other wise you would never do it..
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
E&O insurance, MLS fees, electronic lockbox fees, association dues, contract fees, every software agents use.Many of these fees could be close to doubling by the end of 2026.