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29 December 2024 | 0 replies
Through the HUD website How did you finance this deal?
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7 January 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.
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9 January 2025 | 46 replies
ONLY the contractual position.
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3 January 2025 | 12 replies
Again, if you feel like selling it you'll be in a good position to do so in the upcoming months(Spring-Summer season).
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13 January 2025 | 30 replies
I know you can look at various websites that will give you overall rental stats for a certain radius.
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7 January 2025 | 16 replies
Our County Court Clerk provides the forms right on their website and it is literally a 15 minute cut and paste event to fill out the eviction forms.
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31 December 2024 | 3 replies
I've done my projects solo so far and it has worked out for me, however, it is time consuming and not in the position to invest all into one deal.
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28 December 2024 | 4 replies
However, when I reviewed the property information on the PVA website, the records indicate it is a 3-bedroom, 2-bathroom property, excluding the 2 bedrooms and 1 bathroom located downstairs.
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29 December 2024 | 3 replies
I just reveled at a companys lead strategy that lead from the website directly to whatsapp.
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7 January 2025 | 9 replies
: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.