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5 February 2025 | 22 replies
You will not need to join CAR/NAR and I offer super high fee splits.
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12 February 2025 | 22 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 February 2025 | 16 replies
If you go this route, make sure there is a very very very wide spread because it's so high risk and easy to lose.
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15 February 2025 | 1 reply
So, that specific area isn’t in a high-growth stage.
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19 February 2025 | 2 replies
This seems to follow the general overall trend of lower cost areas winning at the expense of those with a high costs of living.
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8 February 2025 | 29 replies
Wishing I had bought a duplex or really any piece of property straight out of high school for a jump start but here I stand.
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13 February 2025 | 4 replies
The ones with really good reviews, and a high amount of reviews usually cost a little more, but do a good job.
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9 February 2025 | 8 replies
Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.
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18 February 2025 | 13 replies
Join a high producing team.
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13 February 2025 | 1 reply
Investing in real estate can be highly rewarding—but it also comes with risks.