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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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28 December 2024 | 26 replies
I think Jerryll advocates doing the SEO yourself but of course if you don’t know how to do it yourself.. and have the money then you might prefer to pay for his course/services, he is very knowledgeable and has a lot of good reviews
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21 December 2024 | 6 replies
Terminating your contracts could jeopardize your position.
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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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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.
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22 December 2024 | 21 replies
Keep learning and assessing your financial position as you grow.Good luck!
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19 December 2024 | 24 replies
Any reviews or stories dealing with them would be appreciated.
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17 December 2024 | 42 replies
All a real estate attorney is going to do is review the purchase and sale contract and protect your interests.
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17 December 2024 | 16 replies
I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.