If you ever want to chat or need advice, feel free to reach out.

You must must disclose to the seller everything including that you are selling it to someone else and how much money you are selling it to that end buyer.

Some of the properties that I have seen on Tax Sale include:1.

I feel like I have a strong grasp of the general knowledge needed for a first property, but I’d love to hear something different.

They feel like they own your property.

So I am looking forward to seeing a consolidation in viewership and would like to see a lot of traffic pushed back to YouTube.How do you feel about this?

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.

Since I'm not a pigeon forge local, I also don't have a good feel for the appropriate cost of goods and services either.While I don't necessarily suspect anything nefarious from the management company, I don't now that our financial incentives are always well-aligned. 

I have done some research, but I’ve found that many mentors and coaches are asking for significant fees, which feels like a large financial commitment, especially as a newcomer to real estate investing.

For those that do not feel comfortable enough with excel to build out a tool on your own, I would suggest starting by taking excel courses focused on dynamic real estate modeling.