Tyren Robinson
Recently Joined Mentorship Program
19 January 2025 | 0 replies
Has anyone participated in this program and if so what is your feedback?
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 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.
Jade Frank
Should we sell our house or is it worth renting out
30 January 2025 | 6 replies
I'm still new to real estate investing but I'm open to feedback @Jade FrankIt really depends on your long-term goals.
George Lopez
Thoughts on RentToRetirement?
27 January 2025 | 1 reply
page=1#p5345200https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experienceshttps://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster?
Dominic Campelo
Newbie Looking to House Hack Possibly
8 January 2025 | 5 replies
@Dominic CampeloWith your contracting expertise and business growth, you’re in a fantastic position to enter real estate investing.
Jonathan Bombaci
Investment Condos [Calc Review] Help me analyze this deal for my Kids Future!
2 January 2025 | 3 replies
Today, I analyzed over 10 condos, and while I found one with a positive cash-on-cash return, it was far from impressive.I’d love to hear from experienced condo investors about why this type of real estate might make sense despite the low cash-on-cash returns and HOA fees that cannot be influenced.As a bonus, if anyone has purchased investment properties for their children with a similar goal, I’d really appreciate any insights about your process or results.I am looking at buying 2 investment condos for my children to pay for their college tuition in 13-15 years.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
30 January 2025 | 40 replies
Nobody is asking anybody to give up anything.What I am trying to ask is: from my experience, there is no positive cash flow that actually is really positive.
Daniel Amsalem
Please help keep northern VA STR-friendly
17 January 2025 | 10 replies
I filled out their survey and provided some constructive feedback, even though I don't own a STR here.
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
I was recently offered this, wanted to get feedback, questions, etc.
Makani Donaldson
Having trouble being lendable
25 January 2025 | 7 replies
Would love to hear people’s suggestions or thoughts. everyone’s so amazing in their responses and I really appreciate everyone’s thoughtful feedback!