Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
can anyone relate to me being tempted to chill out and do nothing?
Chris Allen
Selling Home on Sub-To
9 January 2025 | 9 replies
I can only come out of pocket to cover mortgage so long.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
Health insurance payments, Health savings account lots of options.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
14 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.
Sakib Khan
Thinking About Buying My First Rental Property – Need Advice for the Near DMV area!
14 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Rod Healy
STR books relative to Australia
23 December 2024 | 2 replies
Hi AllJust joined the site. Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Shor...
George Red
KCMO Health Department & Healthy Homes Rental Inspection Program
12 December 2024 | 1 reply
I was informed by KCMO Health Department that landlords are supposed to be paying an annual fee to them and they conduct inspections of rental units in the city?
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 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.
Ify (Bobby) Anizoba
Starting 2025 Strong
11 January 2025 | 2 replies
Real Estate, Wellness, and Community ImpactAs I move into 2025, I’m focused on deepening my faith and prioritizing wellness, mental health, self-control, and discipline.
Noah Laker
Opening a Sober Living Facility
12 January 2025 | 2 replies
As long as there is no "healthcare" being provided (medicine, baths, etc) then it's not regulated by the department of health.