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4 February 2025 | 11 replies
Last QI I used was not a great experience.
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31 January 2025 | 7 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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21 January 2025 | 15 replies
Would love to connect on your underwriting if you were able to make it work!
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28 January 2025 | 48 replies
Mitch Stephen out of San Antonio has had 4 called due in the last couple of months.
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30 January 2025 | 6 replies
Listen to as many podcasts as you can and attend all of your local meetups to connect with other investors.
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22 January 2025 | 1 reply
I'd be happy to get connected and share some resources with you.
8 February 2025 | 10 replies
I jumped the gun and bought BP pro last month but I’ve been having second thoughts about it and have been trying to get a refund due to the 30 day money back guarantee.
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11 February 2025 | 11 replies
Let me know if you’d like to connect sometime!