
29 December 2024 | 1 reply
IRS definition of a dependent.To claim a child as a dependent, the child must be under 19 or under 24 if a student.

9 January 2025 | 4 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

18 January 2025 | 1 reply
Days on market are around 80 days on average, depending on the area.

21 January 2025 | 35 replies
Remove caulk depending on condition could take 1/2 hour.

18 January 2025 | 12 replies
From the numbers perspective it seems like it can pencil out depending on the rehab budget.

22 January 2025 | 14 replies
Selling your stocks also has tax implications and margin is only 50% as you mentioned, that too depending on your stock profile.

16 January 2025 | 4 replies
It depends on the property because each has its own risks.
14 January 2025 | 7 replies
It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

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.

19 January 2025 | 17 replies
@ Sanjay BakshiHonestly it would depend on the demographics of your rentals.