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18 October 2024 | 6 replies
I'd want it to be able to generate P&Ls and Balance sheets for separate properties, and be able to accommodate multiple LLCs on one login.
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18 October 2024 | 0 replies
This move is expected to generate an additional $30 million in operating profit for the fiscal year.The closures come as Seven & I consider a higher unsolicited buyout offer of $47 billion from Alimentation Couche-Tard, the parent company of Circle K.
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18 October 2024 | 7 replies
A typical 6kW system could generate around 7,000-8,000 kWh annually, potentially saving you about $1,000–$1,200 per year on energy costs.Increased Property Value: Solar panels can increase your property value, potentially adding 4-5% to your property’s sale price.3.
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17 October 2024 | 5 replies
You have to understand lead generation.
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18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties: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: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: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.
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17 October 2024 | 1 reply
Hi everyone, I am interested in hearing everyone's thoughts on the Platform Pacaso, I have noticed that it can inflate housing prices in some areas due to them being less concerned about paying a low price upfront and more focused on the overall profit they can generate through fractional sales and ongoing services.
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27 October 2024 | 74 replies
That’s why I only advertise on Facebook.When you create an ad for Facebook, in the VERY beginning where you choose the type of ad you want to run(you want to run an ad for “Lead Generation” or “Lead Form”), at the top of the screen somewhere, Facebook will ask you if this ad will be for housing, credit, or something else.
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17 October 2024 | 4 replies
Focus on generating leads.
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21 October 2024 | 176 replies
Now you have the largest generation in their late 30s early 40s buying their first home.
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17 October 2024 | 10 replies
But if you want to build passive income and generational wealth and have a partner or spouse, you need to do it together.Last note for house hackers: this is most important for you.