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.
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?
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Quote from @William Taylor: Quote from @Addy Chupa: Hi William,I ran some numbers using our tool, and I’ve included my thoughts below, along with two scenarios: one based on your exact assumptions and another with adjusted figures that I believe could make the deal work better.Observations on Your Numbers Utilities: Based on your calculations, it seems you’ve assumed the tenants will cover all utilities.
Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
Why, because of the main stable coins, it is the only one on of the largest exchanges, Binance, will NOT do a 1:1.So, you're best bets would be those like USDC, TUSD, GUSD, BUSD.
Chris Magistrado
Cybersecurity, Recruiting, or Real Estate?
14 January 2025 | 3 replies
Is it better to have a job or business that is doing well, then funnel the money into larger projects, if my desire is to be one of the main GP for like 33-100 unit multifamily projects?
James Sills
Where to start
15 January 2025 | 3 replies
Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).
Sino U.
Can you recommend a good lender for house hacking please?
15 January 2025 | 6 replies
I’d also recommend getting a few quotes, including at least one from a mortgage broker.
Christopher Heidrich
Stuck in analysis paralysis and in the military
30 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.
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
I completely understand why that clause is there and I'm happy to have it for many reasons including protecting my tenants and my property from damage, etc.