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21 January 2025 | 20 replies
They barely lasted in California (they are based on London).The challenge is (1) you are assuming all listings have open houses and (2) there are a lot of moving parts that can happen behind the scenes.
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8 January 2025 | 13 replies
Its being operated at STR from last 30 months with great cash flow.
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13 January 2025 | 5 replies
Lastly, I would also try and tap into any MTR market you could possibly have in your area.
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31 December 2024 | 3 replies
If you are on cash accounting, yes you could do that.On the other hand, you are ignoring carry-forward losses.
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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.
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10 January 2025 | 6 replies
Look for books published in the last 2 years as some of the books post 2010 seem to give people unrealistic expectations.
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16 January 2025 | 13 replies
That's kind of what I figured, the last public ballot measure vote to deny rezoning was late 2023.
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19 January 2025 | 9 replies
All they ask for is your last two months bank statements.
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12 January 2025 | 8 replies
This diversity provides a certain level of stability to the job market.Population Trends: The population has seen modest growth in the last decade.
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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.