Saurabh Kukreja
Exploring Michigan Area
5 October 2024 | 1 reply
: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.
Josh E.
Looking to meet, learn, and invest
28 September 2024 | 13 replies
If you're open to it, I'd love to connect and chat more about your plans and share any tips I have.
Eric DeNardo
Advice on Using Other People's Money (OPM)
10 October 2024 | 3 replies
This is very important so they understand the risk.
Ethan Swanner
New Investor trying to learn
3 October 2024 | 2 replies
The current plan is to look into some sort of multifamily and house hack at the same time but plans may change when I get to know more.
Gavin Doyle
New Construction Processes
10 October 2024 | 0 replies
I am a roofing contractor now and understand there are multiple trades when doing this, however, I wanted to get a better idea of which trade comes after the other.
David Pulley
Can I receive a referral fee as a realtor from a mortgage broker
2 October 2024 | 22 replies
No, this is illegal in most states.
Jacob Edmond
All Columbia, SC BP members
4 October 2024 | 27 replies
When I bought my first personal residence in Lexington, the property taxes at the 6% rate on a $100k home were at $2,900.
Charlice Arnold
Unlocking Investment Potential with Long-Term Rental Loans
5 October 2024 | 5 replies
Let's share our experiences and insights on this topic!
Christopher Crooks
Just starting looking for advice
3 October 2024 | 7 replies
I would recommend looking at possible internships?
Rick Rolfe
What’s your experience with the Azzam Group/Remax Haven Realty?
1 October 2024 | 9 replies
I thought this was really odd considering that we were simply looking at 1-4 unit properties to purchase in Cleveland and I found it hard to believe that with a whole team of agents, they were unable to help us purchase some property.