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3 February 2025 | 37 replies
Not to mention sky-high drama factor.
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5 February 2025 | 205 replies
If you refinance, for saay $400,000 value.
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6 February 2025 | 41 replies
I highly recommend consulting with a CPA or tax professional to ensure you're using the best strategy for your situation.Good luck!
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3 February 2025 | 14 replies
He will take anything of value, leave all the trash, and not pay you a dime.
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26 January 2025 | 11 replies
This could turn a potential loss into positive cash flow while protecting your property’s value.
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27 January 2025 | 12 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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4 February 2025 | 38 replies
@Jay Hinrichs which BTW, 6% is high.
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27 January 2025 | 2 replies
@Cosmo DePinto, I can provide further insight on behalf of my market.
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1 February 2025 | 7 replies
Regarding fire prevention, luckily, we're members of the local community organization that provides a Firewise assessment to members.