Quentin Hollis
How do I avoid triggering a due on sale clause with a subject to deal?
1 February 2025 | 14 replies
Do you include specific clauses in each of your subject to deals spelling out exactly how insurance on the property will be handled?
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
Any rational landlord will double or triple their screening efforts because nobody wants to accidentally put a deadbeat in their property.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Metro’s business with the continued expansion and advancement of Artificial Intelligence.Other catalysts include Virginia Tech’s new 600,000 square foot, 1 billion dollar Innovation Campus in Alexandria just outside D.C., 300,000 square feet of which was completed last week and is now open for students.
Rebeca Moreno
Buying my first multi-family unit
17 January 2025 | 9 replies
I'm sure many here, including myself, would be happy to discuss potential opportunities with you.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
Though at 1525/mth it is projected to cashflow a little less than 100/mth -- the numbers do not include what I like to call reality numbers (vacancy loss, maintenance, capex reserves).
Chandra Faulk
How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
How long does it take to screen a tenant and find a qualified one for LTR?
Derick Jennings
New to this
31 January 2025 | 13 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.
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
This is a common theme across the country with many municipalities enacting similar restrictions including where I am located in Philadelphia.
Jeremy Beland
A Hard Lesson Learned from Our 2022 "Scary House" Flip
16 January 2025 | 16 replies
You have to include the cost of your time and the work, especially on a "scary house" is daunting indeed.
Matthew Samson
Primary Residence Sale -- $1.65mm appreciation -- How to Minimize Capital Gains?
30 January 2025 | 24 replies
Other strategies include gifting portions of the property to reduce the taxable estate or exploring more complex options like a Qualified Opportunity Fund or a Charitable Remainder Trust to defer or minimize taxes.