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20 January 2025 | 1 reply
We recently relocated to Phoenix last summer and I'm starting to look for recommendations for local credit unions here in Phoenix which are trustworthy, low rates, personal touch, easy/simple to work with, etc.
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28 January 2025 | 14 replies
We agreed on a discounted amount and Blue Metrix stated in mid September that they were shooting for the second week of October to cash us out but even if they had to do it out of cash that it would be no later than the last day of October.
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23 January 2025 | 11 replies
The last part is where results happen.
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22 January 2025 | 22 replies
(I lived in Houston for 29 years--last place was the Rice Lofts downtown.
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23 January 2025 | 3 replies
Last year we had the most homes above a million dollars sold since 2017.
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20 January 2025 | 9 replies
My last offering was has been a real challenge and Matt has stuck with it for over a year.Never swaying from his commitment to me and my success.You need to be willing to take his advice and work hard but his stuff works.I would whole heartedly recommend him to anyone who is serious about raising private money.
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20 January 2025 | 1 reply
I'm Zoltan from DFW (TX) passionate about real estate investing for last 10 years.
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20 January 2025 | 22 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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24 January 2025 | 2 replies
Although I saved 20-30k by doing everything myself and learned a ton in the process, doing that sucked up all my time and potentially stopped me from buying multiple multis last year.
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27 January 2025 | 8 replies
The bank does still ask for my tax returns each year and with each deal and my adjusted gross income last year was comparative to your stated cash flow from your rentals.