Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
My application includes an acknowledgment that everything is true and complete.
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
What's the quality of the furniture included?
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
There are a lot more things that occur as part of the contract that would be included including valuations for each parcel, specific tax consequences, proffers offered to the city etc.
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
I'm wondering how much specifics I need to include for each line item.
Curtis Cutler
cashing in 401k? rethinking retirement.
27 January 2025 | 9 replies
Instead, roll the funds into an IRA or Self-Directed IRA (SDIRA) to keep them tax-deferred and open up flexible investment options, including real estate.
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
This includes credit, criminal, and rental history checks for all parties.
Ivan Castanon
I need to change strategies. What should I do?
30 January 2025 | 26 replies
I can’t keep looking for properties that will cashflow because I feel like I’m wasting my time at this point.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
If you feel like you’re managing your property manager, it’s a strong sign that the manager may not be the right fit.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 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.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
However, the reality has proven to be quite different, and I am feeling deceived and deeply frustrated.I am prepared to pursue this matter further, including with media outlets if necessary.