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7 January 2025 | 19 replies
Class C stay indoors, don't answer the door for solicitors, and don't spend a lot of time with neighbors.
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7 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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14 January 2025 | 27 replies
Not to mention we have grown our PM staff by almost 50% to help better support our growth and overall management.We are currently building out 5,000 lots ion Florida If you would like a free copy of my best selling book "Passive Income Playbook: How To Leverage Build to Rent Real Estate to Buy Back Your Time And Have a Legendary Family Life" just let us know and we will send you a copy thanks Brandon owned by a Japanese company, the floorplans are pretty poorly designed and larger than build to rent should be. the 4 plex they have is a higher price per door than th national average and needs to be modified. horrible designs.
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4 January 2025 | 11 replies
I purchased the home earlier this year and only put in about $40k into it.Does anyone know if there is anything I can do or who to speak to?
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29 December 2024 | 14 replies
What the city housing clerk is telling me is that there was a water leak from behind the sink pedestal on the second floor bathroom that has been running for a week.
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6 January 2025 | 9 replies
I own 27 properties in Greater New Orleans (36 doors) and wholesale around 50 houses a year in this market.
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12 January 2025 | 23 replies
One door will not change your life financially, at least not right away.
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7 January 2025 | 9 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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24 December 2024 | 9 replies
Getting the foot in the door with a primary residence is a great way to start.
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22 January 2025 | 56 replies
Where I see some disconnect is so many on BP that are so focused on buying RE doors that they basically live well below there means and have all this focus on rentals etc and they miss out on a lot of things there is to do in life..