Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
These are all lower $ properties and not the strategy you use.
Gabriel D. Zapata
Notice of an Independent Solar Energy Producer Contract
2 January 2025 | 4 replies
Then they lock them in to a SLIGHTLY lower initial cost per kWh.
Ben Callahan
Californian new to REI - looking for out-of-state rental property
6 February 2025 | 34 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.
Polat Caglayan
invest in detroit
8 January 2025 | 5 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.
Keilon Morton
Hard Money terms for partnership
7 January 2025 | 5 replies
The terms are normally around 12%(interest) and 2%(points).Sometimes the interest is higher/lowerSometimes the points is higher/lower
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
My expenses are lower in Stessa and my CapEx is higher.
Vinny Muli
Tapping into equity on my property that is under an LLC
3 January 2025 | 19 replies
Payments stay lower, cashflow better and it'll boost your balance sheet not to mention lower risk when things go awry.
Jacob Anderson
Is it foolish to use a HELOC for a down payment on a rental property?
6 January 2025 | 11 replies
Purchased a property that needed some work and on the lower end of the market so homes were sitting.
Ezra Avery
Hello & Thank You
7 January 2025 | 5 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.
Dana Furby
Jumping in and excited to be in the market again
6 January 2025 | 4 replies
Consider starting with a few lower-cost flips with a smaller loan-to-value ratio to reduce financial strain.Market Research: Sacramento can be volatile, so I’d recommend keeping a pulse on local trends—particularly in the neighborhoods that have potential for growth but haven’t quite hit their peak yet.