Polat Caglayan
What do you think about the future of Detroit?
12 January 2025 | 10 replies
The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.
Victor Yang
Taking a small loss to save on taxes?
17 January 2025 | 6 replies
There is plenty of tax planning opportunity with a property type of that size.
Pierre E.
300k average profit on a flip - is that real?
28 December 2024 | 7 replies
.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.
Tanner King
Analyzing a House Hack (First time buyer)
6 January 2025 | 13 replies
Compare other rentals with a similar size, location and bedroom count to get an estimate of what the rent would be while you're living there.
Jason Bales
Understanding Housing Vouchers
2 January 2025 | 2 replies
Out of that voucher amount, they will have a utility and appliance work sheet that provides a cost for each utility or appliance not provided by a landlord for each bedroom size.
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
I'd hop on Airbnb as a guest, search the area the potential property is in, and find some properties that are somewhat comps (similar location, amenities, size, etc.) and connect with the host hosting the property.
Jerry A.
Exploring Cash-Out Refi Options
6 January 2025 | 5 replies
DSCR or Fannie/Freddie loans can go up to 75% on single family homes, multi family homes (2-4 unit) max at 70% if you stick with Fannie/Freddie.Other things to consider would be:Paying points for a lower rate vs higher rate with no pointsIf going DSCR - Prepayment penalty term (0-5 years)The lower the loan size ($200-250k and lower), you should consider paying up to 2 points and doing a 5 year prepayment penalty if going DSCR.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
Use a 10x20 size to determine your market size
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
In my current roll, I manage 17 shopping centers of various sizes and select sites for new gas stations in the Arizona market.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
The two 4-bedroom units even have two full-size washer and dryers each!