Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 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.
Thelma Bal
Are we in the right path?
2 February 2025 | 1 reply
I feel like once you buy you can’t sell a beach property.
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
It may feel cumbersome, but their diligence reflects the level of security and service you can expect once onboarded.
Adam M Vonfeldt
2025 is the year
24 January 2025 | 6 replies
Feel free to reach out if you have questions or want to brainstorm ideas!
Delroy Watson
Network building and knowledge sharing
29 January 2025 | 6 replies
Feel free to reach out anytime!
Lauren Rangely
Foundation repair options
7 January 2025 | 5 replies
That cost is for 17-18 piers - this was consistent between the 4 contractors we got bids form and we are waiting on a response from the engineer about how many he feels are necessary.
Carlos Ptriawan
The rise of flat fee buyer agent brokerage
21 January 2025 | 20 replies
If you actually can, then "put your money where your mouth is" and I'd only expect to pay you a percentage of what you could actually save me.3) Property Tours: not sure who much value you could add to #2 above if you didn't walk thru a property?
Robert Ellis
Anyone doing Build, Rent, Refinance, Repeat ? Build to rent developers ?
14 January 2025 | 1 reply
You need to find a zip code where land values are 10% of less of after built value.
Jack Pasmore
Excited to Connect with Fellow Real Estate Investors!
22 January 2025 | 3 replies
Feel free to reach out—I’d love to hear your story and see how we can grow together!
Jimmy Jeter
New construction, 75% done. About to run out of money
28 January 2025 | 11 replies
Value of land?