Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
This included all the data from the first 6 months of the year as I did not hire her until July.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Screening: Includes income verification and rental history verification.
Suzanne Chan
Fully stabilized 33 unit apartment complex
17 January 2025 | 2 replies
Amenities include, laundry, assigned parking, and wifi available for each unit.
Gloria C.
Best zip codes for investing in Huntsville?
10 January 2025 | 11 replies
. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report
Paul Whitehurst
Bank is declining my HELOC - HELP!
14 January 2025 | 8 replies
Lenders often include a portion of the cash flow in the investment property as income to you personally to offset the DTI.
Yehuda R.
Renting My Property to Traveling Nurses. Seeking Advice.
8 January 2025 | 5 replies
Fully furnished, with all utilities included.
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
Ursula Lovings
Comparing Contractor Estimates
4 January 2025 | 5 replies
@Julie Garner This contractor texted me after I received the quote to let me know that materials are included.
Josh H.
Buying Home from Auctions?
13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.