
29 January 2025 | 22 replies
If you are unsure, to start, hire a property manager and don't let the tenants know you are the owner.

12 February 2025 | 16 replies
We got out of condo conversions couldn't really sell any of them and transitioned to ground up development of single family homes and three story walkup triplexes on a build to rent model which is much easier for us to manage and our exit isn't a sale it's just a refinance.

6 February 2025 | 58 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.

27 January 2025 | 7 replies
If there is a property manager, your success rate is going to be very low.

28 January 2025 | 2 replies
Hey Barbara, I have a property manager I can recommend for the LAIC service.

30 January 2025 | 6 replies
Quote from @Doug Teasdale: Quote from @Dustin Tucker: Hello Doug, Here is the Arizona Association of Realtors Forms page.https://www.aaronline.com/manage-risk/sample-forms/residenti...You will probably need to use the Residential Resale Contract.For the Buyer as an example use "Doug Teasdale and/or assigns" This allows you to assign the contract to your wholesale buyer.

12 February 2025 | 20 replies
There are some types of trusts that bring a lot of protection, but you generally lose control of your assets and they are managed by someone else.

7 February 2025 | 40 replies
I was one of the few lucky ones with Safeguard as I was able to take over the management of the loan and modify it and then got a payoff.

10 February 2025 | 7 replies
It will take time.3) Property management companies, chamber of commerce meetings, local commercial RE brokers, etc are all additional options to network and find people who do deals.

29 January 2025 | 18 replies
Especially if you are hiring property management.