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22 January 2025 | 0 replies
Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.
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24 January 2025 | 21 replies
This means building a budget that includes setting aside funds for your next investment.
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4 February 2025 | 3 replies
I have only 3 doors that I manage so not a big time player so wanted to start with some cheaper software and I heard on the podcasts that RentRedi was included in my pro membership so I signed up.
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26 February 2025 | 43 replies
Risk seems too high for bad actors.My real estate slice of portfolio only includes public market REITs and Reit ETF, private reits like fund rise, or properties i own myself.
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26 February 2025 | 18 replies
I'm also in the process of exploring Terra Notes, but may just stick with Notion, Pipedrive, and Excel.I previously worked at a fund and Excel was used to globally track a decent portfolio (about $100m), to include limited depth loan pacing and management.
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26 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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28 January 2025 | 10 replies
The home is 4bed/3bath and 1990sqftFinishes= quartz countertops, fully tiled showers, 8ft doors, LVP flooring throughoutFinancing isn't included in Gross Margin.
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15 February 2025 | 14 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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27 January 2025 | 35 replies
I also sell real estate in Dubai with Keller Williams so very happy to guide you too if you want more info.
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27 January 2025 | 11 replies
A significant number of my clients are from out of state, including many from Washington State and California.