Chloe Salcedo
I don't know where to start or how to put my foot in the door...
13 January 2025 | 31 replies
Positions with real estate investors or related roles can offer income and experience.
Aung Satt
are there any skip tracing websites high on accuracy?
11 December 2024 | 13 replies
Do you have a website?
Jerry Tello
Over The Counter (OTC) Tax Liens
14 January 2025 | 11 replies
Book recommendations and websites are appreciated.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
All of the above and there are many discussions and mathematical gymnastics that are in these forums that prove it works and doesnt work in both ways...consider a first position heloc if you want to utilize velocity banking concepts for mortgage purposes.I got one with CMG mortgage (they call it the All in One Loan) and it put me in positive light.
Kevin G.
Antioch BRRRR Project
7 January 2025 | 0 replies
Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 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.
Maranda Tucker
Why Rental Listings in Charlotte Stayed on the Market Longer This Winter
6 January 2025 | 0 replies
The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?
Michael Long
Investing Cleveland, OH area
9 January 2025 | 10 replies
My clients love it here because of the positive cash flowing deals and lots of appreciation potential.
Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
Inflation will push up rents over time, so at some point you will be cash flow positive.
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
Aside from the real estate websites (idealista, sapo,Imovirtual) and AirDNA, is there another website/source that we can use to analyze the areas?