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30 January 2025 | 1 reply
There's no guarantee that there will be more inventory in the spring, and you should just continue to look, and when the right opportunity comes up, just grab it regardless of the timeline.
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29 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.
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29 January 2025 | 23 replies
You may have to put more money down (10-15%), but you can close, in a LLC, with no worries about banks.
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22 January 2025 | 16 replies
there's no way anyone on BP can you tell you anything about this with the information you posted... how could we vouch for them?
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28 January 2025 | 7 replies
No financing available.2.
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29 January 2025 | 10 replies
There is a soundproofing drywall quietcrete i think, as well as insulation panels, sound dampening paint, and green glue is a compound that you can roll on as well. likely there is no insulation or it wasnt installed well. air gaps equal noise.
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23 January 2025 | 56 replies
And there was no limit.
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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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
22 January 2025 | 8 replies
@Parmesh P. there is no such TDA paying 7% or even 6% long term,5 years or longer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2717582/small_1736642302-avatar-abhishekw1.jpg?twic=v1/output=image&v=2)
23 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.