
8 February 2025 | 42 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.

10 February 2025 | 31 replies
Looking for downsides from people that have used it The software that I used, perhaps more advanced three years after your AI development, because we can see the actual Investor Intellegence including more private transaction data and photo.

24 January 2025 | 21 replies
This means building a budget that includes setting aside funds for your next investment.

24 February 2025 | 71 replies
I like targeting outside of where I would live for SF and small MF (1-4 units) because of the lower entry price, usually higher cash flow since your rental income is higher relative to your debt service, and your appreciation potential is high if you can read the writing on the wall.

18 January 2025 | 15 replies
Quote from @Monty Alston: Quote from @Travis Timmons: You need more income, not more debt.

26 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

24 January 2025 | 1 reply
If anyone could include what to look out for in a good deal and a bad deal

28 January 2025 | 10 replies
The home is 4bed/3bath and 1990sqftFinishes= quartz countertops, fully tiled showers, 8ft doors, LVP flooring throughoutFinancing isn't included in Gross Margin.

27 January 2025 | 11 replies
A significant number of my clients are from out of state, including many from Washington State and California.

18 January 2025 | 18 replies
Or paying off my debt, while I provide them with a nice house to live in instead of an apartment.