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23 January 2025 | 10 replies
Talk to property managers and see if they would manage the other units.
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29 January 2025 | 10 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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29 January 2025 | 12 replies
As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.
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3 February 2025 | 3 replies
The state will get its pound of flesh and my liabilities were better managed by executing perfect permitted work and excellent insurance.I'd sincerely recommend having a savvy CPA, Lawyer & Insurance broker.
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6 February 2025 | 11 replies
I don't want to be tied to Furnished Finder exclusively for MTR management.
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24 February 2025 | 35 replies
I manage around 400 rentals with 14 years of experience and have never been sued once.
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5 February 2025 | 6 replies
It lets you focus on managing the property and getting steady income right away.
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26 January 2025 | 5 replies
Quote from @Dave Chengoue: Quote from @Wale Lawal: @Dave ChengoueIt's great to see your focus on multifamily properties and your clear plan for self-management.
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9 January 2025 | 4 replies
Hi all,I'm looking for recommendations for a property manager for my 8-unit apartment building in Cullman, AL.
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31 January 2025 | 7 replies
It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.