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18 January 2025 | 21 replies
Typically with houses of this age - you'll need structural folks to dig and install piers into the soil.
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15 January 2025 | 39 replies
It helps to try to build rapport with them to show them you're serious, which you may want to work on since you're relatively young and inexperienced.
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17 January 2025 | 23 replies
Whether that's through the application/leasing process to communicating with owners and vendors in a timely manner to address anything related to the property.
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12 January 2025 | 1 reply
I have a relative who owns and lives in a dome and she really loves it.
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12 January 2025 | 2 replies
I'd like to take a deeper dive into subject to, wraps and other related things to educate myself and see whether some of these might be things I can actually utilize in my real estate journey.
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18 January 2025 | 13 replies
It appears to be a means to an end and the path of least resistance (somewhat related to number 1).
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14 January 2025 | 19 replies
I'm a guy approaching middle-age, living in Chicago.
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10 January 2025 | 16 replies
This travel expense is not a business expense related to the property you already own until you have identified the next property you want to buy (once identified, costs are added to the basis mentioned above).
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9 January 2025 | 10 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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17 February 2025 | 69 replies
Quote from @Jay Hinrichs: @Don Konipol Don this relates to your thread we were talking about this morning.this is the highest risk stuff I do.. but I mitigate it pretty well or at least I think I do..