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19 January 2025 | 51 replies
Yes, I am looking for an online platform to begin self-managing too.
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22 January 2025 | 12 replies
Also note that my company will possibly either cover closing costs if we sell or provide property management for two years if we rent.
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22 January 2025 | 0 replies
Why Staying Informed is CrucialRegulations govern every aspect of rental property management, from tenant screening to eviction procedures.
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21 January 2025 | 14 replies
I would also urge you to make sure you fully understand how they operate , A-Z (from how they make their profit to how many doors they are managing).
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28 January 2025 | 3 replies
Then, start building your connection with local agents, contractors and property managers.2.
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28 January 2025 | 6 replies
I’m just getting started and looking to soak up as much knowledge as possible—whether it’s about finding good deals, managing renovations, or understanding the financial side of things.
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24 January 2025 | 0 replies
Rental income is subject to tax, but it is also possible to deduct many costs related to owning and maintaining rental property, including property management fees, repairs, and mortgage interest payments.Additionally, for those investors holding properties in Germany for the long-term, the country's capital gains tax law is attractive.
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29 January 2025 | 10 replies
Their company is pretty great at not responding to their communities people , not following local law yet alone their own lease agreements The uptick of lot rents I get it it’s business but also driving out affordability for people which again it’s a business so some may say that part is just the territory , but not following lease agreements , hiring poor management and then doing nothing about it when it’s escalated is a reflection on their business aswell best of luck.
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30 January 2025 | 7 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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27 February 2025 | 20 replies
Here is how unclaimed funds work in Ohio from Copilot:Unclaimed funds in Ohio are managed by the Ohio Department of Commerce's Division of Unclaimed Funds.