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31 December 2024 | 13 replies
Make sure the units are fully furnished with all the basics, and consider including utilities, Wi-Fi, and flexible leases to make them more appealing.
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26 December 2024 | 18 replies
This meant I couldn’t pursue the driver personally and had to rely on their car insurance, which settled for $25K—their maximum coverage.Unfortunately, the crash added $77K in unexpected costs, including $41K in repairs and extended holding costs.
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30 December 2024 | 24 replies
The reason for this is there is certainly a lot of heavy lifting of resources required by a property management team to bring on a new resident including rent collection, setting proper expectations, accounting and building a positive relationship in the first month.As far as the quick re-rent of your home, I was hoping that would be something in which you'd see the value of working with us.
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29 December 2024 | 24 replies
I take a percent off of total top line (including cleaning fees) that is 5-10% less than what a local "hands on" operator would charge.
29 December 2024 | 9 replies
Would that loan include the renovation costs based on the ARV?
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9 January 2025 | 107 replies
Maybe also include City and Zip Code as columns in the sheet.
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28 December 2024 | 11 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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27 December 2024 | 93 replies
Hi Jessica,I think there are dozens, myself included, and many who now have construction loans outstanding.
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29 December 2024 | 7 replies
Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home I do want to also add that my banker who is the VP of lending and branch manager has been banking me for 30 years..WE have been through all he ups and downs including the GFC were I got almost totally wiped out financially..
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26 December 2024 | 3 replies
We currently own 13 rental properties and have paid off all loans/mortgages including our primary residence.