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19 February 2025 | 3 replies
It sounds like you have a strong foundation, and getting one-on-one guidance can definitely help you learn more in taking your next step.
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10 February 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.
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24 January 2025 | 37 replies
I am going to schedule another meetup, beginning in September. however the last one only had a few people, and they only work if we have good participation.
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21 February 2025 | 2 replies
Sorry if I sound stupid as I am trying to learn and find out how to do it.
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23 January 2025 | 3 replies
Usually schedules about 14 days or so out.
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21 February 2025 | 4 replies
Excited to connect, share experiences, and learn from this amazing community.
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11 February 2025 | 29 replies
You can earn commissions while learning and tapping into an existing network - all with potential partnership opportunities before you go out alone.
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17 February 2025 | 0 replies
As a real estate investor, I’ve learned the hard way about the mistakes that can cost time and deals.
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20 February 2025 | 1 reply
Nice to meet you all and looking forward to learning and growing with each other.
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16 February 2025 | 4 replies
Hey guys, I'm just getting into the wholesaling world and have a couple of questions:What were your first mistakes that served as great learning points?