Matt Powers
Where to start investing in real estate?
6 February 2025 | 42 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
Bruce Woodruff
Thoughts on the California fire repercussions
14 January 2025 | 17 replies
Casino does not reimburse when a person looses.
Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Keep digital records and pictures.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
I'd personally avoid the hassle if I wasn't at least hitting double digits on expected IRR (and as I've said, I'd rather be in the double digits with CoC and even higher IRR).Everyone has different thresholds for risk, expected returns, etc and should only do what they feel is "best".
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
This is just bad banking practice and FTC should be aware of digital platforms like Baselane in many ways abusing their powers and washing their hands off.
Anthony Jackson
Norada Capital Management Promissory note investment
5 February 2025 | 38 replies
Norada’s promissory notes generate predictable monthly passive income transferred to the investor’s funding account via ACH,” ( Link ).Santarelli confirms these fixed, double digit returns in a detailed YouTube video presentation (Link, at 35:08).
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
3 February 2025 | 34 replies
Fifteen percent IRR is possible, and single digit cash on cash is achievable.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
People still think it's a junky casino town which is just not the case anymore.
Audrey Sommer
How to Calculate 5-Year Rent Growth
31 December 2024 | 3 replies
Thus, I think that we could see national rents rising in the high single digits, or possibly surging as much as 10% in 2026 vs 2025, with some markets seeing rents rise even faster than that - Austin, TX regaining much of the lost growth in 2024 and 2025, for example.