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23 December 2024 | 8 replies
I would call your local governing body and get their feedback because that can be another cost for you...
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2 January 2025 | 53 replies
I can have my clients give me feed back if you want to send me the address via PMAlso I got stuck with a few props there when my first balt client imploded ( of course i was in them at wholesale levels) but I exited with ASHLAND auctions and we recouped generally speaking.Also Section 8 there pays a very large amount compared to most markets if your forced to keep it I would go that route you can get 1600 to 2k on section 8.
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27 December 2024 | 13 replies
Just not a position I am willing to put myself in.
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23 December 2024 | 7 replies
I can see the cost to entry being a positive one but I am looking to weighing all the options and scenarios.
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21 December 2024 | 6 replies
Terminating your contracts could jeopardize your position.
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19 December 2024 | 22 replies
Are you able to gather feedback from your showings to gauge public opinion?
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11 January 2025 | 31 replies
Before the house is sold on auction, the owner of the house is in the position to reinstate the loan or pay it off and thus retain a title.
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9 December 2024 | 2 replies
Have anyone done business with Prosperity CRE that can provide some feedbacks?
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11 December 2024 | 2 replies
If you've had experience with similar deals or have knowledge of the McKeesport market, I'd greatly appreciate your insights.Thanks in advance for your feedback!
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2 January 2025 | 36 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.