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8 February 2025 | 4 replies
.📜 Know the rules – No "deal-making" in the forums (that means no advertising, pitching services, or looking for partners).
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18 February 2025 | 1 reply
Cant speak for Nashville, but nationally Redfin recently released a report on their own transactions (they can see both sides of it) that average commissions have risen.This is no surprise to me as I predicted this would happen far in advance of the settlement.
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5 February 2025 | 8 replies
With on market deals like this, there are two scenarios: 1) you see something that no one else sees OR 2) everyone else sees something you don't
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13 February 2025 | 7 replies
There's no noise before.They don't like to call for help.
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23 February 2025 | 35 replies
No RE deal will change your life with $25K of capital.Â
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20 February 2025 | 1 reply
How SB-423 Accelerates Coastal Development: // Faster Permitting ·For projects with 150 units or fewer: - Eligibility Review deadline: 60 days from submittal - Approval deadline, including Design Review: 90 days from submittal · For projects with more than 150 units: - Eligibility Review deadline: 90 days from submittal - Approval deadline, including Design Review: 180 days from submittal · No public hearings or environmental impact reports for qualifying projects // Smarter Development Rules · Excludes high-risk areas, like those prone to sea-level rise · Ensures projects meet affordability and public investment requirements // More Housing, Less Uncertainty · Projects stay approved if at least 50% of units are affordable and include public investment beyond tax credits · Opens up new opportunities in previously restricted areas · Clearer guidelines help developers plan with confidence
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16 January 2025 | 9 replies
There’s no single right answer to every situation, but the more you educate yourself and build your network, the more confident you'll become.Lastly, don’t hesitate to ask questions here, no matter how small they seem.
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12 February 2025 | 8 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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14 February 2025 | 9 replies
And, you can pay back with no penalty.
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8 February 2025 | 10 replies
No rules to follow on HM investor loans lenders make the rules unless your in one of the about 15 states that requires a license then there is just a few simple docs that must be signed by the borrowre.