Arun Philip
2025: How to tap into OPM
5 January 2025 | 5 replies
Ideally looking to cash flow positive on all properties.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
Once my property is complete, I think I'll be in a great equity position.
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
Private Lender Partnership: Partner with a private lender or investor willing to take a second lien position to get you to 85-90% cash out.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 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.
Kyle Carter
Negotiating Favorable Terms
12 January 2025 | 2 replies
Emphasize that your offer is competitive and you’re ready to move now, or set a reasonable deadline for the offer to ensure the seller knows you’re serious.Use Comparables StrategicallyHave data on hand to support your position.
Ricardo Lemus
The rent does not cover all
19 January 2025 | 10 replies
So some ballpark numbers if everything remain the same, ($400ishx12)x10) would be $50Kish + the downpayment I see I got some positive numbers and after they are paid in full is when I believe the cash flow will be in better shape.I am planning to have all properties for long time, so I am planning (fingers crossed) to keep my primary income (job) in order to keep buying more properties.Once again, many thanks for all your comments.
Apryl Skahill
How to get spouse on board?
28 January 2025 | 19 replies
i say that not to discourage you, but so that you have a realistic picture of what to expect.as @Travis Timmons alluded to, you need to be in a strong financial position to even think about starting to invest.
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
If you currently rent for $2,500 and take the $1,750; you have additional positive cash flow of $750 for your rent situation.Have you thoroughly looked over the capex potential issues?
Kyia Raiford
Newbie eager to learn & find a mentor!
21 January 2025 | 9 replies
Moreover, I would recommend prioritizing a W2 position over 1099 self-employment/sales for two reasons.
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
Quote from @Chris Seveney: @Brian Burke I am also curious what the investor equity position is.