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28 January 2025 | 9 replies
Clearly I can’t sue someone that’s actually ill, I was questioning, but feel bad about that now.
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30 January 2025 | 32 replies
Feel free to reach out and we can discuss.
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19 January 2025 | 56 replies
I don't get a great taste or feeling about the MHP sponsors mentioned based on this.
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16 January 2025 | 3 replies
If you ever want to connect, discuss strategies, or get more tailored advice, feel free to reach out.
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9 January 2025 | 28 replies
I feel like I just analyze every option and then never have confidence to do anything.
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9 January 2025 | 32 replies
Feel free to reach out if you have any questions!
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24 January 2025 | 10 replies
Feel free to connect if you have any specific questions about, but this is the best general advise.
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11 January 2025 | 4 replies
Feel free to shoot me a DM if I can be helpful.
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15 January 2025 | 8 replies
Make sure the previous property management company did their job and communicated a change in management prior to you taking over--along with your contact information.If they have no done this, they should so the tenant doesn't feel like a scam may be going on.Just make sure they're away of where rent payments need to go and who they can contact in the future.
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7 January 2025 | 11 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.