Dylan Watts
Single family rental unit with a pool
14 January 2025 | 7 replies
At 2 properties removed the pools.
Scott Goulet
Airbnb: To get a Pool or not in Florida
11 January 2025 | 20 replies
Is getting a $500 above ground pool worth it?
Sonny Alexander
What Are The States With Great Real Estate Options To Move To?
21 January 2025 | 4 replies
Whether you're looking for affordable housing, good job prospects, or sunny weather, certain states stand out.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
@Sunny Wu of course the tenants don't want to pay!
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
20 January 2025 | 9 replies
It is usually difficult to take money against it from the bank, it might not be a 1:1 value add - meaning if you invest 100k into an adu it might not raise your value by 100kThat being said, it can be pretty lucrative especially in expensive and sunny CA - since building lots are no where to be found and existing real estate returns are very poor.My partner builds these units.
Leon George
New to BP Community
21 January 2025 | 12 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Abhishek Wahi
Question About Location: Plymouth Michigan
19 January 2025 | 3 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.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
@Joel OhYou REALLY need to find a new pool guy.