Chris Seveney
Home Payments as % of Median Income
2 February 2025 | 14 replies
This is a net job less including job displacement.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
Two main reasons being: (1) debt does not increase your basis in an S Corp, which means your losses get limited.
Rafael Valdor
Are there red flags in PM agreement?
20 January 2025 | 2 replies
. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000.
Benjamin Ying
First time investor needing some confidence!
2 February 2025 | 50 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.
Isaac Terry
Investing Out Of State - Starting
22 January 2025 | 20 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.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?
Daniel Baker
Questions to ask.
1 February 2025 | 9 replies
How much do they charge and what's included?
John Lasher
How did you get into multifamily?
26 January 2025 | 17 replies
I’ve got a great team including contractors, real estate agents, and lenders.
Nithin Kumar
Suggestion for Rental Properties around Phoenix, AZ
28 January 2025 | 11 replies
Things to consider when buying a new build are appliances, fans, blinds, and back yard landscaping; sometimes we can get appliances included, it just depends on the situation.
Scott Johnson
Scammed by "Estate Legal"
31 January 2025 | 20 replies
I have seen it backfire when companies attempt to get posts removed, including with legal threats.