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31 December 2024 | 4 replies
Brandon Turner was on fire in 2020, 2021, and 2022, but I don't see that he's done anything for the last 18 months.
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8 January 2025 | 33 replies
I had just gotten done setting up the new ACH info with the last servicer, and had not gotten anything from the new one yet.
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5 January 2025 | 8 replies
One last piece of advice—don’t rush.
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3 January 2025 | 3 replies
The construction seems slow and could last up to a year.Here are my questions:1.How can I cover or conceal the metal screens to improve the appearance?
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5 January 2025 | 18 replies
Their advantages include house hacking which includes better finance options and hustle.My last purchase was so large cash negative that the rents were $3k less than PITI.
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4 January 2025 | 67 replies
The lease cost is about $100 usd for the last 5 years total.
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3 January 2025 | 5 replies
Last year a tenant invited her sister over.
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1 January 2025 | 14 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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2 January 2025 | 4 replies
I like good neighborhoods, with sloped tile roofs, stucco siding, built in the last 20 years. 90% of Las Vegas SMF checks none of these boxes.
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2 January 2025 | 10 replies
I dealt with this exact scenario last week with one of my tenants in a multi-family.Most often, tenants and neighbors are timid and not wanting to call the police.