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18 January 2025 | 16 replies
Start with durable, high-quality basics: plush towels, soft linens, and a fully stocked kitchen with sharp knives, pans, and essentials like oil and spices.
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16 January 2025 | 3 replies
We specialize in helping investors access opportunities in both residential and commercial markets, leveraging our network and industry knowledge to identify high-potential deals.
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28 December 2024 | 1 reply
A checklist ensures that all necessary steps are taken to transform the property's image and appeal.
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12 January 2025 | 7 replies
The neighborhood has been flourishing, making this incident highly unusual.What initially drew me to the property was the potential for high rent and strong cash flow.
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19 January 2025 | 46 replies
Taxes are very high and everything is super slow and bureaucratic.
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13 January 2025 | 7 replies
I think my fees are high until I shop around and then I am thankful.
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21 January 2025 | 8 replies
Our home state, TX, has really high property tax which is see as a big disadvantage.
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12 January 2025 | 5 replies
If you are looking at FHA because of credit score, then I would work on credit scores to qualify for conventional financing or see if you can get a very strong coborrower with high scores.
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20 January 2025 | 14 replies
high prices have made properties expensive and high rates have made money expensive.
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21 January 2025 | 8 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.