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30 December 2024 | 24 replies
The reason for this is there is certainly a lot of heavy lifting of resources required by a property management team to bring on a new resident including rent collection, setting proper expectations, accounting and building a positive relationship in the first month.As far as the quick re-rent of your home, I was hoping that would be something in which you'd see the value of working with us.
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26 December 2024 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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27 December 2024 | 21 replies
There is a cost to prepping the home for burning which includes removal of all hazards and permits.
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26 December 2024 | 18 replies
This meant I couldn’t pursue the driver personally and had to rely on their car insurance, which settled for $25K—their maximum coverage.Unfortunately, the crash added $77K in unexpected costs, including $41K in repairs and extended holding costs.
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29 December 2024 | 24 replies
I take a percent off of total top line (including cleaning fees) that is 5-10% less than what a local "hands on" operator would charge.
29 December 2024 | 9 replies
Would that loan include the renovation costs based on the ARV?
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3 January 2025 | 8 replies
Rookie question here - when you are talking about multi-family, are you generally talking about larger commercial buildings or also including small (2-4) unit properties in this analysis?
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28 December 2024 | 11 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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29 December 2024 | 7 replies
Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home I do want to also add that my banker who is the VP of lending and branch manager has been banking me for 30 years..WE have been through all he ups and downs including the GFC were I got almost totally wiped out financially..
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27 December 2024 | 93 replies
Hi Jessica,I think there are dozens, myself included, and many who now have construction loans outstanding.