Brant Laird
Just getting started!
9 February 2025 | 10 replies
One book I highly recommend is “Buy It, Rent It, Profit” by Bryan Chavis—it’s a great read for investors looking to build long-term wealth.Best of luck with your real estate journey!
Jerry Nogueras
NYC Residents- Which areas outside NYC have you seen the most success for rentals?
27 January 2025 | 6 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.
Jacob Moore
New Investor Here Based In LA!
21 January 2025 | 2 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
Mitch Provost
Student Rental Investment Market
21 January 2025 | 3 replies
Its proximity to campus, turnkey condition, and rental history make it particularly appealing to investors seeking high cash flow and low vacancy risks.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
Hey Rebecca, I'm a broker and investor up in Sacramento and manage about 100 investment properties (STR and LTR).Many of my clients are high W2 earners seeking "bonus depreciation" to offset tax liability by investing in STR.
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
I was just telling my friend today that I'm getting multi-family, high performance, and relationship mentoring all in one package!
Khyree Randall
Wholesaling around a 9-5
29 January 2025 | 5 replies
Ask yourself: do I really have the knowledge of real estate principles, real estate law and real estate finance; the network of contacts; the experience both in business in general and real estate in particular; the time available; and the analytical ability to compete against FULL TIME EXPERIENCED PROFESSIONALS to be successful in a field where the failure rate is so astronomically high?
Erica Allen
Beach House (pocket listing?)
23 January 2025 | 2 replies
Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!
Devin James
New Home Buyers are Strapped for Cash
24 January 2025 | 3 replies
We've sold 65+ homes and the biggest request we get from our Buyers is help with closing costs.Most of our deals we're providing anywhere between $5K-$10K to help Buyers offset the cash requirement to purchase a home.Even in today’s "high" interest rate environment, many Buyers prioritize closing cost assistance over an interest rate buydown.