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22 December 2024 | 1 reply
The connections you make can open doors, create opportunities, and even help shape the direction of your career.
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20 December 2024 | 10 replies
You are definitely in the right place to meet like-minded people and congrats on your first two properties/4 doors!
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23 December 2024 | 5 replies
@Craig Sparling realistically most of the multifamily guys I know here in Chicago are using price per door.
1 January 2025 | 24 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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21 December 2024 | 1 reply
Lot next door- possibly building additional home someday.
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21 January 2025 | 74 replies
There are more details here if interested.I will not tell anyone to do or not to, that is a choice that you will have to make and also it is a choice to work it or not, like any system.
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20 December 2024 | 9 replies
My attorney informs me that they are waiting for the court to assign a court officer to post the warrant of removal on the tenant's door.
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20 December 2024 | 3 replies
Below that is a parlor floor, which has the highest ceiling in the building and this floor is connected to the ground floor via an interior staircase which we added doors to both ends to break up the lower duplex into two separate living areas.
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1 January 2025 | 12 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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23 December 2024 | 17 replies
In addition to that, though, there's several other LTR markets that offer pretty decent returns (6-8% ROI with $250+ cash flow per door is possible) for what you typically see in Florida, without accounting for appreciation