AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 0 replies
Full disclosure, I'm not a disaster expert, politician or climate alarmist, but according to those fighting fires on the California coast since the 1960's, Devil Winds are natural occurrences each and every decade but require highly conducive conditions to be as destructive.
Alan Asriants
Taking on a major construction project in 2025 - What are some common hurdles?
30 December 2024 | 10 replies
here is what we did to have our 90 home project in Oregon standout and compete with the likes of Lennar and Holt ( major regioinal) and Toll.Kitchens and bathrooms..
George Daly
Weather Impact on Deal Analysis
5 January 2025 | 5 replies
I don't know a single person affected by tornado in Dallas while we have had them and I have seen the destruction.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
11 January 2025 | 5 replies
As someone fascinated by the intersection of housing, technology, and fairness, I couldn’t ignore the Justice Department’s latest lawsuit against six of the largest landlords in the country. It’s not every day that ac...
Abraham Shamosh
Section 8 Questions
9 January 2025 | 4 replies
Your property is fairly destruction proof, costs near nothing to maintain, yet you can charge above market rents.If your property is nicer (class B) where the carpet alone might be $6k or more to replace when the tenant spills hair dye everywhere, you won't be as happy as in the situation above.
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
Eamon,Any time you face a major issue with a bank/lender and they fail to refund your money or it costs you money and a lost deal due to ignorance or bad lending.
Elaine Ericson
Promissory Note - how to secure or any ideas to help in this situation?
28 December 2024 | 7 replies
Enforcing the "waste" clause (neglect or destruction of part of the asset backing the note will simply lead to foreclosure anyway).
Joel Oh
One platform strategy
2 January 2025 | 30 replies
Note this guest was not intentionally destructive.
Kevin Green
Why Buffalo is the Hottest Real Estate Market of 2025 (Again!)
8 January 2025 | 1 reply
Proximity to Major Northeastern CitiesBuffalo’s location near major urban centers like New York City and Boston makes it an attractive alternative for buyers seeking more affordable housing without sacrificing access to urban amenities.5.
Serge Hounkponou
New member from Indiana
7 January 2025 | 4 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.