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16 January 2025 | 1 reply
Our company is built to make it easy for everyday investors to invest in rental properties.
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20 February 2025 | 33 replies
We onboarded a hoemowner to our property management team in West Palm Beach just over a month ago.
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12 February 2025 | 3 replies
Someone with limited ability to manage 2 or 3 SETS of contractors is not going to have successful rehabs.
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3 February 2025 | 15 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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18 January 2025 | 17 replies
Can anyone suggest and agent or property manager that can help me with this?
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21 January 2025 | 40 replies
@Alison EvansI could not imagine managing 48 doors!
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1 February 2025 | 5 replies
Call some local HVAC/Mechanical companies and ask what the average cost would be for this upgrade!
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7 February 2025 | 3 replies
It took some digging, working closely with a title company, and negotiating with multiple parties to get it resolved, but in the end, it was a great learning experience—and a successful deal!
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29 January 2025 | 10 replies
It would just need to be a situation where they have great contact with the person doing that managing of the project (I.e. have known the person for years, great reputation, person has experience in flipping etc.).