Julia Dunigan
True Property Seekers
23 January 2025 | 2 replies
I'm glad to be included on this platform with like minded interests.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 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.
Arlinda Rexho
Tips on first 32-64 unit MFH deal
24 January 2025 | 1 reply
If anyone could include what to look out for in a good deal and a bad deal
Franc Seferi
Out of state investors
16 January 2025 | 0 replies
Through my journey I have gathered priceless information about the markets and maintained countless of connections including contractors, investors, agents and brokers.
Natasha Rooney
Multifamily Properties in Indianapolis
17 January 2025 | 13 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.
Charlie Green
Foreclosure Deal in Cleveland OH
16 January 2025 | 5 replies
There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom.
Deanna B.
Is Real Estate a Better Bet Than Treasuries in 2025?
24 January 2025 | 2 replies
Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.
Michael Velez
Beginner Real Estate Investor
24 January 2025 | 13 replies
There are at least two I found on a quick google search including Central Indiana Real Estate Investors Association (CIREIA) and INDIANA REAL ESTATE INVESTORS ASSOCIATION.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
I'm looking to get their "package" which includes a Holding company, LLC Subsidiary, Corporate Financial Program and an Estate Plan.
John Jacobs
Actual Cash Value versus Full Repair Cost
20 January 2025 | 0 replies
The Homeowners Insurance will include Builder's Risk.