
20 January 2025 | 31 replies
Trying to do my due diligence and research reviews on them before making this expense.

1 February 2025 | 1 reply
A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

16 January 2025 | 7 replies
I know it's a balance of reality, values, and what makes one happy that guide our decisions.

28 January 2025 | 20 replies
Review Form 1065 yourself and decide whether you want to tackle it.The real dilemma here is that hiring a tax pro will definitely cost you, while it is unlikely to save you much (if anything).

7 February 2025 | 7 replies
Typically, I run a current income/expense column next to a ProForma column to show potential value add opporunties.I agree with @Robert.

22 January 2025 | 20 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.

4 February 2025 | 0 replies
Personal money How did you add value to the deal?

1 February 2025 | 0 replies
Ideally, I’d like to become so much of value that I’d be paid for my help/ services.