
5 February 2025 | 1 reply
I would suggest getting Dave Ramsey's book called The Total Money Makeover and read that.

20 February 2025 | 3 replies
I see no reason to waive app fees, they should be happy to pay that.

20 February 2025 | 1 reply
It is in good condition, nicely decorated, top notch bedding and well appointed kitchen with a large lanai and no pool.

19 February 2025 | 4 replies
They also may feel better about A) looking at an empty house and B) no problems are being hidden by the Tennant’s property.

28 January 2025 | 9 replies
: Hey @Michael AlmandI am analyzing a tool called 'Rehab Estimator' that helps you estimate rehab costs in your area and generate the statement of work (SOW) based on your selections.

17 February 2025 | 15 replies
There is no need for them to log into their own accounts.

22 February 2025 | 12 replies
This also saves me money as my business is relatively small I use a property management software to help with bookkeeping called Stessa which is free to use.

10 February 2025 | 12 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.

3 February 2025 | 32 replies
There is no either or here...especially when starting out.

25 January 2025 | 15 replies
I set up a consultation call with them while at BPCon.