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30 January 2025 | 5 replies
While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.
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11 February 2025 | 13 replies
You could also reward staff for lease renewals, positive guest reviews, and reducing unnecessary expenses.
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10 February 2025 | 22 replies
Because Zelle requires more data entry I would explain with the new lease there will be a small and reasonable processing fee if the tenant kept with zelle but they can still use it.
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3 February 2025 | 7 replies
Alternatively, platforms like Twilio provide excellent customization but might require more technical setup for Podio.
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24 February 2025 | 147 replies
That’s $250 per year in interest expense.
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13 February 2025 | 5 replies
The Sonyma FHA loan, if you refi the loan, move from before the 10 year requirement, etc.
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16 February 2025 | 24 replies
Rental property prices are low in this area, leads me to believe there are problems with the rent collected vs expenses.
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16 February 2025 | 7 replies
Maybe $100 but thats not including saving any money towards unexpected expenses...
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12 February 2025 | 15 replies
Many are choosing the most expensive they can afford on purpose.
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6 February 2025 | 42 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.