Kyle Biggs
What should I do
3 January 2025 | 12 replies
My long term goals are a portfolio of roughly 20 doors or more if the opportunities are there.
Steven Catudal
Increase in property taxes
4 January 2025 | 11 replies
I purchased the home earlier this year and only put in about $40k into it.Does anyone know if there is anything I can do or who to speak to?
Eric Fernwood
December Las Vegas Rental Market Update
23 December 2024 | 0 replies
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below, from the MLS, includes ALL property types and price ranges.
Mike Sfera
When to get a property manager
16 January 2025 | 26 replies
I would say that it depends on the PM, I personally have a great connection with my local property manager in Memphis, TN and he manages over 700 doors and still answers my clients property management specific questions as the broker/owner.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
Think if someone like Public Storage builds next door.
William Fuller
Information about starting a townhome development
14 December 2024 | 4 replies
Anything smaller may not attract larger investors or offer the economies of scale needed for profitability.Design Style: BTR developments often consist of attached townhomes, usually with features like garages and a more upscale design to appeal to renters looking for something between an apartment and a single-family home.Location Factors: The success of your development depends heavily on location.
Martti Eckert
Long Distance BRRRR in Ohio
17 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.
Keith Richardson
Should I open an LLC for each property?
24 December 2024 | 9 replies
My rule of thumb has been to have a new LLC whenever the ownership structure is different, when I have > 10 doors, or when the total LLC's ownership is > $1,000,000.
Desiree Board
Advice for a new long term rental investor
23 January 2025 | 26 replies
I started by building a 12-door portfolio using the BRRRR method and self-managing initially.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
I personally would rather a few properties make up a sizable chunk of my net worth vs. 100 doors that appreciate a thousand a year.