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12 January 2025 | 7 replies
Lastly and then I will stop rambling... and this is just my opinion.
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28 December 2024 | 1 reply
Focus on the big moves: security, renovations, and cutting dead weight.
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10 January 2025 | 3 replies
Lastly, check your conversion rate to see how many clicks turn into actual leads.Test different audiences and ad creatives to find what works best, and don’t worry if it takes time to dial things in.
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14 January 2025 | 9 replies
Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.
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12 January 2025 | 8 replies
I’ve recommend all my clients to him in the area for the last few years and they have had great success.
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12 January 2025 | 5 replies
Last thought (mainly for future readers), you may be talking about the 1 year FHA history if you have variable income.
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31 December 2024 | 418 replies
.: Massive loss of accrued interest and principal????
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12 January 2025 | 20 replies
Quote from @Sergio P Ramos: Quote from @Jay Hinrichs: Quote from @Sergio P Ramos: Update:I've been really busy since my last interaction.
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16 January 2025 | 17 replies
And I used all my rental mailbox money over the last 9 years since I first started investing to buy more and more.
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7 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.