
22 January 2025 | 22 replies
The last thing is you must use all of the net proceeds in your exchange.

15 January 2025 | 29 replies
I am still obligated on the interest payment regardless of how much has been deployed but that is worked into the fund proforma and can be covered by deal cashflow.As to resale price, one of the last one's I did I sold for $125K and had a private loan for $85K which I wrapped.

8 January 2025 | 13 replies
Its being operated at STR from last 30 months with great cash flow.

10 January 2025 | 6 replies
I am from California, but lived in Peachtree City, Georgia last year (renting), and currently live in Germany as an Au Pair.

16 January 2025 | 7 replies
I have most recently read in the last 2 weeks, Poor Dad Rich Dad and Bigger Pockets Invest In Real Estate the Ultimate Beginners Guide to Getting Started.

9 January 2025 | 8 replies
Send a notice: The landlord can post a notice in a visible place and send a notice by mail to the tenant's last known addressRemove belongings: The landlord can remove the tenant's belongings and store themRecover costs: The landlord can recover the costs of moving and storage from the tenantSell belongings: If the tenant doesn't claim their belongings, the landlord can sell them at a public sale(End)Please only communicate with the tenants - all of them - in written form only so it can be used in any collection/court engagement.

8 January 2025 | 5 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.

12 January 2025 | 7 replies
Lastly and then I will stop rambling... and this is just my opinion.

16 January 2025 | 40 replies
In fact, you have to go out of your way to get the business name in there (I actually had to reach out to support to figure out how to do it, and ended up changing it back to my personal name) by putting the business name in the first name field and leaving the last name field blank.So in your example, "Lumen" would have put "Lumen" into their profile as their first name, and left the last name field blank.

11 January 2025 | 7 replies
For example, will they look at the T12 (Trailing 12 months), or something shorter like a T6 or T3 (last three months).