Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.
Jacob Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
If he truly felt like I had wronged him, he must follow the proper channels.
William A Colas
Experienced investors looking to scale
18 December 2024 | 17 replies
I've built a $18M RE portfolio without ever having to do a syndication.I hope I answered your question properly!
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
Investing in real estate means your money is backed by tangible property....assuming you do it properly.
Bob Avery
New Twin Cities Investor Looking for Advice Getting Started
16 December 2024 | 7 replies
It’s so comprehensive that I’m compelled to give you a great answer, but there is so much to unpack that a full proper answer to every question may take longer than I have tonight.
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
If an asset is throwing off a certain yield that is not commiserate with it's risk, then investors will then begin paying more for that asset, thus decreasing it's yield....or start paying less for the asset which would increase it's yield, until it was at the proper risk/return rate to produce the yield that is truly reflective of it's risk.The problem is novice real estate investors get the risk/reward correlation backwards.
Saul Clavijo
Multi family investing
16 December 2024 | 8 replies
: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.
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
If P&Ls were manipulated or tenant histories weren’t properly vetted, that’s a serious issue and could form the basis of a strong misrepresentation claim.
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
HOA violations are only grounds for evictions if you your lease requires them to meet HOA regulations, you have properly notified them of the violation, and they have neglected to resolve the issue.
Dalton O'Rourke
Help with understanding refinancing and going forward.
13 December 2024 | 2 replies
How do I properly calculate these numbers?