
17 January 2025 | 40 replies
Balancing that with wanting to do something to maintain affordable housing for those in mid to lower income brackets.

3 January 2025 | 26 replies
In areas such as NYC the market tends to be a little lower, from what I understand.

3 January 2025 | 4 replies
They work for my mom because it is a lower commission split, I feel like I am struggling because I have no leads.

14 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.

2 January 2025 | 9 replies
The voucher program typically determines the amount they’ll pay based on their calculations, and you don’t necessarily need to lower your listed price for utility allowances.

2 January 2025 | 13 replies
I'd lower the price slightly below your competition and get real reviews.Be customer focused.

12 February 2025 | 106 replies
what really needs to be reviewed is why is it not going well and what is the plan - its very different plan when you cut distributions and do a capital call to hold $4M to lower your debt obligation to allow for a refinnance compared to needing a capital call because you are only at 80% occupancy and anticpated 95%, rents are 50 cents a square foot less than you wanted and expenses are 25% higher....

31 December 2024 | 49 replies
Instead of $500 off the first months rent, have you considered lowering the rent by $40 dollars per month?

8 January 2025 | 11 replies
Airdna wants me to lower the price but I also do not make enough, still better than $0.I will link my few, one has a long-term renter https://abnb.me/AQJoTn3zJpbhttps://abnb.me/ZMAc7i5zJpbhttps://abnb.me/GtVbaF6zJpb

2 January 2025 | 6 replies
I've tried the lower 6-7% PMs and usually you'll either pay mark ups on repairs (what you've noted) or pay extra fees (i.e. labor hours, extra calls) that you may or may not notice.