Olivia Blake
New Landlord - Tenant Refusing Payment Method
28 January 2025 | 16 replies
I have two long-term tenants in the duplex—one for 5 years and the other for 7.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
22 January 2025 | 4 replies
I knew that we were going to have a lot of back and forth, and that there would likely be a problem at some point that we would need to solve together.I needed to have confidence that whoever I signed an LOI with wasn’t going to back out at the last minute for a silly reason.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
(yes, some of the Non-QM lenders that do DSCR have FDIC-insured deposits BUT the large, private lenders that have thrived in DSCR over the last few years are not FDIC-insured lenders).
Albert Gallucci
How do you detirmine the class of a Property
27 January 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.
Dave Cali
Looking to form a syndication.
16 January 2025 | 3 replies
With commercial office space starting to return, I am interested in establishing a syndication group that would be willing to invest capital into commercial office buildings.
Al Boettger
Residential Assisted Living
28 January 2025 | 42 replies
I found a nice established one for sale.
Kelly Pintos
How would you invest 200k as a first-time property investor?
21 January 2025 | 2 replies
For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market.
Tyler Schumaker
Brand new and looking to network
22 January 2025 | 3 replies
Eliminate debt, establish a budget, and save.
Khyree Randall
Wholesaling around a 9-5
22 January 2025 | 4 replies
In the last 18 months various states have instituted new rules, regulations or laws related to (1) need for licensure to wholesale (2) restrictions on marketing of a property in which you do not have ownership and (3) disclosure requirements when dealing with a homeowner that makes it clear to the homeowner that the contact signed with the wholesaler is not a definitive “sales” contract, therefore making it less likely home owners will sign4.
Melissa Vass Scott
Canadian Wanting To Invest In The US Market, Is Ohio The Right Fit?
19 January 2025 | 11 replies
I've owned long term, short term and commercial (industrial) properties in the past, but never anything out of Province/State.Thanks so much!