And I certainly wouldn't have survived it with no investor losses, as I was able to do thanks to having a manageable portfolio at that time.All that is to say that I wouldn't change a thing.

The car/renters/umbrella won't be with Foremost but this way you can have one agent to manage your portfolio.

We manage hundreds of units.

Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.

I was one of the few lucky ones with Safeguard as I was able to take over the management of the loan and modify it and then got a payoff.

@David Kendall Jr, for deals that I am managing myself, I want a minimum $50k profit potential, and shoot for about a 15-20% profit margin, whichever is greater.At the end of the day, percentages alone don't work for me, because my time has a value to it. 

Connect with local agents, and property managers to access off-market deals and get insights on strong rental areas.Good luck!

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.

The investor manages the project, and the lender receives a percentage of the profits upon sale. - The property is renovated and sold at a significant profit, and both parties are satisfied. 5.

I’m also looking for mentorship, partnerships, and apprenticeship opportunities to sharpen my skills and learn from those who’ve been there before.If you’re an investor, agent, lender, or property manager in Fairbanks, Alaska.