DJ Wilson
Keep Security Deposit for Unpaid Rent in California?
15 January 2025 | 4 replies
It ends when they AND their stuff is removed to the level that allows you to begin the re-rental process.
Evan Bonnell
Mold problem won't go away!!!
31 January 2025 | 6 replies
Yes, I have been involved with several "mold" properties that still had high mold levels after remediation.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Pricing and risk levels are about the same for the same type of stuff in either city.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
At a high level, the system ingests raw documents from the recorder's offices, building permits, zoning permits, market data, and other auxiliary datasets.
Matthew Posteraro
Conservative Scaling for House Hacking
29 January 2025 | 10 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.
Lorenzo L.
Buying my first property (NEED ADVICE)
15 January 2025 | 39 replies
In addition, due to them being eligible for conventional non-commercial financing they typically have lower cap rate than 5 units and more.
Arthur Tolentino
First-Time Investor Seeking BRRRR Advice for Small Multi-Family in Allentown/Philly
8 February 2025 | 10 replies
These neighborhoods seem to fit my goals, especially with their lower crime rates and potential for growth.Do you think these are solid options, or would you recommend other neighborhoods in the Philadelphia area based on the price range and focus on appreciation?
Aaron Bard
Easy Street Capital (Legit or No?)
1 February 2025 | 19 replies
In my experience, the local banks are going to get you better rates and lower fees with their commercial loan products than the "DSCR lenders".
Bobby Eastman
Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
Sherman does seem interesting though because of the lower cost and growth potential.
Grace Purugganan
Help! Out of State Investing in Ohio
7 February 2025 | 14 replies
I can send you their contact info.Quick Tip - I would start with a range of offers (lower-end), that usually helps my clients get out of the analysis paralysis phase.