Evan Johnson
First Day Of My Real Estate Journey!
17 March 2024 | 4 replies
: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+, 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, 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.
Deonte Hill
Potential Lending Options
17 March 2024 | 13 replies
better to get into a brrr strategy with fix and flip to be able to potential pull your initial investment out and keep it rolling over into the next project
Matthew Nosal
Sauk Village, IL - Fix and Flip!
14 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Matthew Nosal
South Side Chicago Fix and Flip
14 March 2024 | 0 replies
Investment Info:Single-family residence fix & flip investment.
Garcia Yoruba
Six unit property
16 March 2024 | 1 reply
The ARV for this property is $660k once fixed and fully rented .
Darian Richardson
80% DSCR LOan for SFR
15 March 2024 | 17 replies
Originally this was supposed to be fix and flip, but I am pivoting this to a BRRRR.
Tom Server
how to avoid capital gains
16 March 2024 | 11 replies
With the Voya 401k it does not show a block of stocks but just a amount of shares.
Nedim Mahic
Sponsor Broker in West Michigan?
16 March 2024 | 1 reply
Hi there all, I've been lurking on here for a little while, relatively new to real estate as I'm about a year and 3 fix & flip deals in.
R. Phil Lewis
Buying a Property with Multi Decade Tenants In Place
17 March 2024 | 4 replies
Then, be aggressive about negotiating with the seller two options:1) Property vacant at close - you pay original agreed price2) Property NOT vacant at close - you pay orig price LESS an aggressive amount based upon above.Great advice - you should be embarrassed about how low the offer is you make!
Mark Cotter
I love Cali but.....
15 March 2024 | 31 replies
Buying a run-down property and fixing it is difficult because building costs here have become ridiculous.