Stacey Olson
Looking for a Stellar Property Manager in Cullman, AL
9 January 2025 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Tammy Elias
Change in Management
15 January 2025 | 8 replies
Start by serving proper notice of the management change and request payment details.
Brittany Myrick
The Newest New England Investor
14 January 2025 | 11 replies
There are a lot of good meetups for real estate investors in the area that would be good to grow your network and learn from others that are and have been in your shoes as a new investor, message me and I can share on some specific monthly meetups.Also sharing some multifamily data, this is Boston proper so it has an interesting trend compared to the rest of Massachusetts.
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
I felt like checking a little bit more so I ran a proper background check on her and was shocked to find that she has multiple felonies including jail time.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
@Heather Bailey When house hacking with a separate rental unit, ensure proper insurance by obtaining landlord or short-term rental coverage tailored for Airbnb activities, in addition to your primary residence policy.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
If you don't know how to do this properly it can be detrimental.
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.
Chirdeep Bhutani
Are Cap rates getting better?
20 December 2024 | 8 replies
It's like only using weight to measure fitness.
Tanya Maslach
Who pays - Landlord or tenant?
11 January 2025 | 15 replies
I'm happy to send someone, however, if they find everything is working properly, you will be responsible for the cost."
Willie J Baxter
Creative financing tips?
9 January 2025 | 3 replies
While there could be avenues to acquire real estate creatively with less cash operating real estate properly is capital intensive.