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31 October 2024 | 8 replies
There are parts of every major city that will just never come up and this seems to be one of the most obvious in Philly.
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30 October 2024 | 16 replies
: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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3 November 2024 | 15 replies
QBO's reports are also super duper customizable.And, the 3rd major benefit of QBO is its ability to integrate with other platforms more seamlessly than REI-specific software.I promise I don't work for Intuit haha.
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31 October 2024 | 25 replies
Also houses that move 2 to 6 inchs and now you have major structural problems.. etc etc..
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30 October 2024 | 15 replies
The first step is always reporting to your local police department and getting a document that states that any unauthorized visitors will be trespassed immediately-- but in my experience, it takes more than just this to get the squatters out.
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31 October 2024 | 10 replies
But beyond the CPA issue, I've been dealing with some major frustrations with Stessa itself.
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28 October 2024 | 2 replies
You are obligated to make a good faith effort to find a replacement tenant and minimize the damages to your departing tenant.
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31 October 2024 | 5 replies
There’s a sudden major cash flow in Detroit and the housing market is appreciating at a steady rate.
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30 October 2024 | 9 replies
To provide an example, I was previously employed in the legal department of HHM, which at the time was a an affiliate management company of a publicly traded hotel development/operation company where we managed the portfolio of hotels as well as provided 3rd party management services.
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1 November 2024 | 6 replies
We don’t really need the $400/mo cash flow and so have been saving that just in case the house needs a major repair.