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25 January 2025 | 9 replies
I spoke with State Farm, but they require plumbing and electrical panel upgrades just to consider reviewing my application.
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22 January 2025 | 4 replies
Review their management agreement.
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31 January 2025 | 19 replies
Since STR “lives” on reviews, being “right” because of the contract the guests signed might be the most expensive “right” you’ve ever experienced.So what’s left for the “wanna be” STR investor in today’s market?
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28 January 2025 | 56 replies
I also looked up the google reviews and people seem to be very satisfied with their service!
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22 January 2025 | 20 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.
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29 January 2025 | 9 replies
Looking forward to reviewing these options.Here's the PA law: https://clsphila.org/housing/security-deposits-in-pa/Any bank account will work.
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30 January 2025 | 1 reply
By prioritizing five-star reviews, I built a strong reputation, which led to increased bookings and higher profitability.
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1 February 2025 | 21 replies
What we do is ask them to submit a work order immediately so we can review the requests.
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16 January 2025 | 40 replies
Have to start from scratch on reviews/super host status.
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3 February 2025 | 79 replies
I only buy positive cash flow and so do my clients.