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28 January 2025 | 1 reply
Increasing NOI and value of property by 2M+ Lessons learned?
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4 February 2025 | 2 replies
Not to mention that I've also learned having two ADU's is a no-go for many conventional bank lenders.
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29 January 2025 | 0 replies
If I can help families learn about the system, to help thrive in America and be conscious to hopefully help the next group of people.
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29 January 2025 | 8 replies
Heck, maybe they want to learn what to look for.
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1 February 2025 | 2 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.
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24 January 2025 | 6 replies
Start connecting with local investors or attend meetups. it’s one of the best ways to learn and get insight.
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25 January 2025 | 2 replies
I am not familiar with the area other then I work in the area on occasion and would like to learn more about investing in the Jacksonville area!
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11 February 2025 | 12 replies
I've since learned that isn't the case.
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27 January 2025 | 11 replies
Again, if you learn some of the basics, you won't be so nervous about the problems you will eventually face.Start with BiggerPockets Ultimate Beginners Guide (free).