Benjamin Ying
First time investor needing some confidence!
5 February 2025 | 54 replies
Beware of people with “something to sell” stating how great their product is.
Taylor Jernigan
Looking to Connect with Private Real Estate Lenders – Any Recommendations?
6 January 2025 | 3 replies
Seems doable, depending on a few factors will determine what the right product is for you.
NA NA
Question about wholesaling
9 January 2025 | 1 reply
So, questions: (1) How do I properly introduce myself role when calling a seller and cash buyers?
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
If you don't know how to do this properly it can be detrimental.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
But we can only assume since you stated this does not have to be disclosed because the work has been repaired, that you have confirmed the reapirs were done properly and in acccordance with any and all codes.
Danielle B.
Out-of-State - Ohio Section 8 Housing
29 January 2025 | 22 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.
James Dugan
Fannie Mae / FHA 203k lenders for DFW?
3 January 2025 | 9 replies
I cannot assist w/ the acquisition of the property but do have an FHA product that is specific for home improvements.
Matt McNabb
Building Future Cashflow Portfolio
15 January 2025 | 14 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.
Tyler Garza
Shoot Down My Beginner Strategy
9 February 2025 | 61 replies
For value add you need to buy deep, have reputable contractors, and understand different financing products + creative finance.
Zach Harsh
Are Tyler Deveroux, Ryan Woolley, Multi Family Mindset a Scam?
4 February 2025 | 26 replies
I won’t be giving my money to a guru that needs to sell a 40k product rather than working his own investments.