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13 January 2025 | 30 replies
If the way to increase the selling value of a MFH is to increase NOI by increasing income or decreasing expenses; why are the majority of sellers putting their properties on the market with under market rent?
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24 January 2025 | 36 replies
Currently, I self manage using software program that centralizes the majority of information and messaging and pushes to all the platforms that we list the properties on.
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10 January 2025 | 3 replies
Glad to be part of this network.
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8 January 2025 | 5 replies
He has an online network called Financial Friends Network.
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28 December 2024 | 11 replies
welcome. great place to start. dont be afraid to network. put yourself out there. find local events to go. be a sponge then take action
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13 January 2025 | 27 replies
Quote from @Joelle Chilazi: Hi everyone I'm new and looking forward to networking in this forum.
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12 January 2025 | 4 replies
With the exception of some small markets in the Southeast, places like Cleveland are the only major metro areas where a regular investor can find cash-flowing assets with a mix of appreciation.
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6 January 2025 | 15 replies
The NAR settlement was ridiculous and has only forced agents to do more paperwork and disclosures, but the vast majority of us are still working the same way.The law requires the agent to sign an agreement with you.
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7 January 2025 | 4 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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17 January 2025 | 3 replies
Presumably because the overall majority of BP members invest only and the US and they're smart and well educated and can tell when people are trying to genuinely help them or are motivated by trying to get business from them.2.