David Lewis
Boston - Has the ship sailed?
21 January 2025 | 29 replies
What happens if he has a major expense?
Isaac Watson
Seattle/Tacoma Investor Meetups
15 January 2025 | 4 replies
Are there any major investor meetups in the Seattle or Tacoma area?
Jason Mitchell
New Detroit Rental Investor
8 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: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.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.
Jonathan S.
RE Equity Investing/Feedback
16 January 2025 | 1 reply
., to be honest, if you can't simply explain it in a post, you have already lost a vast majority of investors.
Ethan A.
Seeking advice: tenant violated lease with many cats
16 January 2025 | 1 reply
The majority of landlords don't allow pets in there properties.
Jose Martinez
32 Rentals – What’s Next?
15 January 2025 | 4 replies
Paying off the notes, working to pre-emptively make repairs to capex items before they fail or become a major issue think roof, HVAC, and foundation.
AJ Wong
Ten Real Estate and Economic impacts of the LA Wildfires
16 January 2025 | 4 replies
. - Renters are majority uninsured. - In September 2024 the FAIR Plan had $6B in exposure to the Palisades alone.
Michael Quarles
I’m bored…. Anyone need help? In central California.
16 January 2025 | 2 replies
She went through a couple brain surgeries and major post issues.
Account Closed
Property managers allowed unsupervised showings, resulting in theft
17 January 2025 | 5 replies
The details of the incident remain unclear, but they intentionally granted access to someone who subsequently stole major appliances.