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20 January 2025 | 3 replies
Any recommendations for something that will last for awhile?
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21 January 2025 | 5 replies
One of my CFO clients just did this last year and got cashed out over $1M, which he's using to buy more properties.
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18 January 2025 | 16 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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21 January 2025 | 14 replies
I have been following BP on YouTube for a few years and have been investing in real estate for the last 3 years.
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22 January 2025 | 8 replies
@Kevin Hintz It's property dependent, obviously, but last year, I sold one a street back from the beach that they're cash flowing.
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22 January 2025 | 7 replies
They have changed their name in last 1-2 yrs hence you are not able to find anything.
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12 February 2025 | 27 replies
They will rent10's or 15's first.d.We are building our last location.
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30 January 2025 | 62 replies
When's the last time you say a panhandler saying "will code for food?"
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22 January 2025 | 13 replies
The last time we had this leadership, interest rates were a lot better, no?
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22 January 2025 | 12 replies
Also here in Buffalo, and this was a topic at our monthly BP meetup last week.