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3 February 2025 | 7 replies
I manage many of them in Jacksonville, and have a lot of information on them.
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23 January 2025 | 4 replies
A bit concerning if the market takes a turn but overall and overtime we will be in a good postion.PS - Since 2003, Dean & DeWitt Property Management has helped investors buy, sell, and manage investment properties in the St.
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25 January 2025 | 14 replies
The rental yield is pretty low compared to its value, and selling now while it’s in great condition could help you avoid the stress of managing it or dealing with wear and tear.
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28 January 2025 | 11 replies
I would run this by your realtor/property manager to get clarification.
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7 February 2025 | 41 replies
Out of the 300 properties I manage, we only had 1 eviction last year.
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3 February 2025 | 8 replies
If one of you actively manages the property, pursuing Real Estate Professional Status (REPS) could unlock full deductions against W-2 income.
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26 January 2025 | 2 replies
For my POH park I have a hourly PT maintenance manager who keeps our rentals in shape.
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29 January 2025 | 11 replies
My guess is there are some STR owners or managers genuinely unaware their current pricing exceeds the price gouging thresholds until it is brought to their attention.]Will PriceLabs and other dynamic pricing tools- respond quickly and appropriately to these issues?
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21 January 2025 | 4 replies
Practical Tips for Managing PropertiesFinding Good Tenants: Screen thoroughly.
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26 January 2025 | 3 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.