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20 January 2025 | 16 replies
That's also a next door neighbor as a connection for future development projects he might be interested in investing in.
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4 January 2025 | 19 replies
Do you by chance have it written anywhere to close all doors and windows?
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8 January 2025 | 1 reply
We currently manage around 150 commercial office doors in Gwinnett County, GA.
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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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12 January 2025 | 10 replies
That creates a compelling opportunity for investors willing to get in ahead of the curve.I’ve been investing there since 2019 and have built a 12-door portfolio primarily using the BRRRR method.
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11 January 2025 | 9 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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13 January 2025 | 12 replies
When I said size doesn't matter as much I meant for STR you don't need massive rooms, larger common areas, etc.If you went MTR you might go further away from RTP and go for higher bedroom count, for less appreciation on average.NOTHING about this post is gospel.
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10 January 2025 | 10 replies
We have been in real estate for over 15 years, on the rental side we have owned up to 50 doors.
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27 January 2025 | 35 replies
They filed an eviction on a tenant mid-escrow and withheld information on eviction until I saw a posted eviction notice on the door after closing.
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14 January 2025 | 4 replies
I have ~20 doors in OH that I self manage (there are some awesome softwares out there now for self management) and am looking to start investing in Buffalo too.