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20 January 2025 | 7 replies
If you acquire one new property each year, you could significantly increase your wealth and potentially position yourself to qualify for larger investments, like apartment buildings or construction loans, within 10 years.I’ve worked with clients who have successfully implemented this strategy, and it has proven to be an effective path to building long-term financial freedom through real estate.Good luck with your decision!
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19 January 2025 | 4 replies
We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).
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30 January 2025 | 62 replies
Massive, I am talking MASSIVE positive.
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21 January 2025 | 14 replies
Suggest you monitor the media feedback during the NFL Draft this weekend - which we expect to be very positive!
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18 January 2025 | 1 reply
Those positions are hard to come by but if you can find one and get your green card, you're set!
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21 January 2025 | 2 replies
With the rental method- you need to ensure that the numbers make sense and that you will be bringing in positive cash flow.
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26 January 2025 | 43 replies
I hired a litigator to review my position, and they concluded that we had a very strong case.
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22 January 2025 | 20 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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31 January 2025 | 10 replies
I wish someone had told me about this when I bought my first place.I run a Property Management company and would only recommend a property mgr if you are cash positive or physically cannot tend to the property.
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16 January 2025 | 15 replies
In the middle of a lawsuit with a 2nd position lien.