Miguel Del Mazo
Sale on new Furnished finder listing
10 January 2025 | 6 replies
I would love to benefit from the savings of grouping the listings as a primary with add-ons, but the last time I tried that, there were multiple issues on their end.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
I informed them that their contract states they are expected to pay up until the end of the agreement regardless of living their or not.
Diandre Pierce
I have 5 houses renting, what's next
12 January 2025 | 8 replies
On balance I have made way, way more money from appreciation that I ever did from cash flow.To me the most important consideration is to always have money or access to money, never be forced to sell.
Brian Dolbeare
Considering a Small Multifamily in Pittsburgh – Concerns About Street Parking
15 January 2025 | 5 replies
Off street parking is typically more important for high end/expensive rentals.
Leon George
New to BP Community
12 January 2025 | 11 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.
Elizabeth Leb
What would you do with 20k?
9 January 2025 | 28 replies
However, been going through this now for years and it causes me to never make the leap.
David R Pustelnik
Looking to maximize my potential with rental properties
16 January 2025 | 7 replies
Good luck with getting this tenant to accept higher rent, because you've trained your tenant to think they have a "mortgage payment" that never goes up!
Brett Coultas
New member introduction and host financial question
15 January 2025 | 6 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.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
I just got notice that both renters in my duplex are vacating end of March.
Christopher Morris
Is Relying on Cash Flow Feasible?
13 January 2025 | 57 replies
And congratulations if you made it to the end again.