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20 February 2025 | 8 replies
I just need help on finding a path to get my hands on the capital I highly recommend going and taking @Frank Rolfe's MHP bootcamp but also talk to local banks
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11 February 2025 | 0 replies
I own a 4plex there and I have one unit that has been vacant for about 4 months now and this seems on the high side of vacancy time.
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18 February 2025 | 4 replies
I'm okay with a high interest rate up to 15% because I can still breakeven on the mortgage but not sure how to finance this deal without losing my initial payments
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14 February 2025 | 7 replies
Some of the condos here have extremely high condo fees.
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14 February 2025 | 43 replies
So to that extent feedback on BP is highly biased towards those activities..
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10 February 2025 | 12 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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29 January 2025 | 14 replies
We teach you how to self-manage and support you with loads of contacts for your team in each market.
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20 February 2025 | 1 reply
My partner and I found that cashflow is the strategy that we are currently looking to acquire and Honolulu, HI has a very high occupancy rate.
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27 January 2025 | 35 replies
Despite the fact that the market has dropped significantly both in rent and price, I still think the market should be considered high risk/high reward.
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11 February 2025 | 7 replies
Specifically the area I marked in yellow.Any help here would be highly appreciated.Thanks!