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30 December 2024 | 8 replies
Your first and last name2.)
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8 January 2025 | 14 replies
You may need to resubmit things several times, have a hard time getting ahold of them, and there is a very high chance they blow your deal up last minute, but at least you have the opportunity to get the best rate!
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3 January 2025 | 7 replies
Or, plan on this being a nest egg builder and growing your equity, living in the home for 2 of the last 5 years and then selling with Section 121 exclusion.
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2 January 2025 | 5 replies
A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.
31 December 2024 | 8 replies
You'll make a much healthier return on your investment that way.If you simply want to buy a home and rent it out longterm, Elk Grove and Roseville are both considered more high-end suburbs and have appreciated significantly over the last decade.
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29 December 2024 | 15 replies
., stains, etc)-MTR we are flexible on the lease end date and will prorate last month's rent.
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30 December 2024 | 7 replies
My last AP claim was a fence 4' past the property line and a neighbor claiming the land under AP.
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29 December 2024 | 30 replies
Cleveland, Ohio is a great market to focus on for cash flow and specific pockets have gone up 2x and upwards of 4x in the last 5-10 years even!
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27 December 2024 | 27 replies
Verifying last 2 years of rental history very important!
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28 December 2024 | 8 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.