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29 January 2025 | 7 replies
Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.
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3 February 2025 | 11 replies
BPCON attracts investors from all experience levels, including folks looking for their first or second deal.
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9 February 2025 | 8 replies
As @Jerryll Noorden said BE HONEST, full disclosure, INCLUDING that your a licensed agent.
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30 January 2025 | 34 replies
Just because they included that clause in their contract doesn't make it enforceable.
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2 February 2025 | 5 replies
Send it to every address they give you including the current rental assuming it will be forwarded to the address they gave the post office.
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28 January 2025 | 5 replies
They have nice looking direct booking sites, but I'm more curious about their digital marketing training and crm software included with their package.
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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.
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10 January 2025 | 11 replies
. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report
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2 February 2025 | 10 replies
So you can see why mentioning that solar benefits from tax credits without including the fact that every other form of energy does as well comes across as remiss to anyone who knows a little bit about energy.
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27 February 2025 | 20 replies
Your next steps should include refining your criteria (property type, expected cash flow, appreciation potential), analyzing deals using DSCR lender requirements, and networking with local investors and agents.Good luck!