Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 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.
Mark DiPietro
Anyone worked with Mario Cotto
28 December 2024 | 23 replies
I started networking with other investors recently.
Bryan Hartlen
Any recent experience with Conventus Hard Money Loans?
1 December 2024 | 2 replies
We've recently received term sheets for hard money from Conventus that are quite competitive.
Matt Meier
Seeking Short-Term Financing Options for Renovation Property
9 January 2025 | 16 replies
In fact, a couple of recent studies have shown that working with a broker typically saves about $10,000 on a residential mortgage.
Cheryl A.
Has anyone invested with Djuric Family Office aka Blake Capital Group
9 January 2025 | 30 replies
How many times and how recently have they worked with them?
Destin E. Thomas
Potential Wholesale Deal in Colorado Springs, Colorado!
24 December 2024 | 10 replies
Needs more cosmetic work than major rehab, and roof was recently replaced.
Wiley Hood
Are DIY cost segregations a good idea?
12 January 2025 | 28 replies
Recently, I've decided to do a cost segregation study on a new $490K property that I purchased this year.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Assurance is NOT Insurance.Land Trust – he says in his recent video on Due on Sale that he has had 10 Due on sales called recently and his students have had a couple of dozen called, that they had put into Land TrustsFacts are stubborn things.
Nadia Jones
CRE Fund vs JV: Seeking General Information and Guidance for Setting Up
26 December 2024 | 2 replies
They run a customizable fund platform that many fund managers have started using in recent years.I'm not involved in the development space much, but a newer person can generally only offer so much to a more experienced person in this business.
Marc Shin
new STR just went live - how do i get reviews?
2 January 2025 | 13 replies
My two most recent STR investors/buyers went above and beyond with their listings.