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28 December 2024 | 11 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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2 January 2025 | 53 replies
We’re well connected with the Baltimore investor community — all neighborhoods.
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22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.
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3 January 2025 | 18 replies
Did a neighbor or the neighborhood worry them?
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31 December 2024 | 13 replies
You cannot have a contract that simply states "install high-quality countertops" without specifying the quantity, location, type, or style.
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26 December 2024 | 6 replies
I've done multiple BRRRRs myself and tend to find the best opportunities in C, C+, and B- neighborhoods where the inventory of distressed homes is still there.
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27 December 2024 | 3 replies
He took a 401(k) loan to fund the down payment on a four-unit building in a rapidly appreciating neighborhood.
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29 December 2024 | 8 replies
@Joseph Gary there are Class B Neighborhoods in Detroit and most of the Ring Cities (suburban cities touching Detroit) are now Class B.We've got it all mapped out @ our website.DM us if you'd like to discuss more:)
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2 January 2025 | 15 replies
I am going to guess that you have checked the comps for the neighborhood the house is in and you have found other houses for rent at the market rate?
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19 December 2024 | 8 replies
Individualized container homes would be ill suited for assisted living style care.