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22 February 2025 | 0 replies
However over the years any many upgrades this park generates over $10,000 today.
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10 February 2025 | 9 replies
Quote from @John Underwood: Are you sure it's not $600 extra per year?
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19 February 2025 | 9 replies
Quote from @Lucy Ahl: I've noticed several years back some negative reviews for Insula Capital.
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18 February 2025 | 3 replies
Recent purchases were financed at 4.25% fixed for 10 years, and 4.75% fixed for 30 years.
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12 February 2025 | 22 replies
Verifying last 2 years of rental history very important!
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10 February 2025 | 17 replies
After 12 years in the furnished rental game, I'd say that is a pretty good sample size.
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10 February 2025 | 12 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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20 February 2025 | 10 replies
While at BPCON last year I connected with an investor and agent in your area.
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11 February 2025 | 6 replies
Over the past 10 years, he and his late wife poured their hearts into building this home (with permits, of course).
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24 February 2025 | 2 replies
I've got something like that I used for a client a couple of years ago: Proforma with Tax Savings.