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1 January 2025 | 22 replies
There are a lot of good resources out there if you want to DIY the decor.
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11 January 2025 | 67 replies
But when you factor in the convenience of having everything done for you, it’s sometimes worth the extra cost, especially when you don’t have the time or resources to manage it yourself.
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20 December 2024 | 2 replies
I am in the process of analyzing my next purchase and I was curious what resources people use to gauge how much they could rent a property for.
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2 January 2025 | 10 replies
Now, ca n you learn to properly do creative financing from a mentor/coach/investor - of course.
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2 January 2025 | 12 replies
This is why is is extremely important that you use local resources who own STR's in the area or manage them at a bare minimum.
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29 December 2024 | 12 replies
You can also download it directly in PDF format from my business page - Premier Cleveland Investing (scroll down to "resources").
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12 January 2025 | 25 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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30 December 2024 | 1 reply
Does anyone have advice on where to start, what resources to look into, or steps I can take to get into something like this?
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30 December 2024 | 6 replies
If you have a business entity(you want to properly track money going in / out from its owners).They will likely be classified as contributions / distributions.Best of luck!
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30 December 2024 | 14 replies
A great resource that's a one to one for starting with you own capital is the Private Lenders podcast.