Steven Hsu
CPA in Dallas, TX
3 January 2025 | 5 replies
If so, would you mind sharing their contact information, websites, etc. with me?
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
May affect your ability to work in the financial field, or in any managerial position of a company that’s raising venture capital8.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
When we purchased our laundromat, it had a strong brand and positive reviews online.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
You’re in a great position with a property that’s appreciated significantly, a low-interest mortgage, and clear goals to boost cash flow and transition into full-time investing.
Cesar Avila
Advice on Renovate and Buy vs. Upgrade and Sell
4 January 2025 | 1 reply
•Likely, the new property wouldn’t be cashflow positive due to the market conditions.2.Upgrade to a Bigger Property and Sell•Sell our current home and move into a larger house to better meet our family’s needs.• Use some equity from the sale to make this transition smoother.I’m torn between maintaining our current home as an asset and buying a new smaller house to use as a rental after we move back in versus simplifying and focusing on a single upgraded property Considering factors like market trends, potential equity growth, and quality of life, which path do you think would be most beneficial?
Gabriella Pellolio
1st Property - Built Equity, What’s Next Step?
3 January 2025 | 7 replies
If you use the Heloc option and decide to rent it out, don't forget that property (or you) will have to cover both your primary and secondary position notes.I don't personally see Marin being a great mid term market.
Kris Kempe
Subject to exit strategy PLS HELP
22 January 2025 | 13 replies
I give them pointers on how to build credit and over time most are in a position to "refinance" and pay off the Option.
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 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.
Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
I call them in-between because they are conferences, so not like your local meetups, but they are not truly "industry" conferences like NMHC, where you will meet primarily career, corporate multi-family people.Bigger Pockets Conference and Best Ever Conference are two that likely would cater to people more in your position.
Scott Trench
2025-2026 Might Be One of the Best Stretches to Purchase Multifamily Since 2010-2011
3 January 2025 | 8 replies
Expect another brutal year for investors in the South and Southwest, particularly in Texas and Florida, and particularly in Austin, TX - perhaps the worst positioned market in the United States for returns in year 2025.