Jack Sarcia
Help analyze a deal?
1 February 2025 | 2 replies
Hey everyone, I am looking for some help estimating the value to an end buyer so I can determine my MAO.
Mike Montanye
Deal Machine Customer Service
3 January 2025 | 14 replies
Zero help getting that balance back.
Antonio Bodley
The middleman in the sandwich lease options
23 January 2025 | 4 replies
How does the middleman (investor) exit out of the sandwich lease option once the investor finds an end buyer to close on the original purchase price between investor and seller?
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
I can also see the ends of the Commuter Rail lines being good too...like Haverhill for instance The Salem/Beverly area is great and pretty pro-development/housing from what I'm hearing.
Leon George
New to BP Community
24 January 2025 | 13 replies
Otherwise, they will just end up ignoring you and you'll get frustrated. 3) Naive/newbie investors get burned all the time by only looking at the numbers - w/o fully understanding how the location/property/tenant will affect those numbers.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
Did you end up going with them?
Harrison Jones
The Importance of a Great Real Estate Agent: A Personal Paradigm Shift I
22 January 2025 | 1 reply
I thought I was a big fish in a little pond back home.
Timothy Hilario
Real Estate Advice
28 January 2025 | 2 replies
If your rent ends up being comparable to your current mortgage, it might not give you the cash flow flexibility you’re hoping for.
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
Going to their customer service call back calendar shows the 1st appointment when they will contact you by zoom is in 4 days. 4 days???
Albert Gallucci
How do you detirmine the class of a Property
27 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.