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16 January 2025 | 4 replies
Great post.
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17 January 2025 | 12 replies
I came across your post just as I'm interviewing contractors for our first flip.
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6 January 2025 | 77 replies
On the second similar post I would ban them.
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14 January 2025 | 4 replies
Send a Lease Violation Notice immediately - by mail with proof of delivery required (cheap date through post office) and or affix the notice in a envelope with his name on it on the door of the unit.
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15 January 2025 | 1 reply
View report*This link comes directly from our calculators, based on information input by the member who posted.
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16 January 2025 | 4 replies
Hi @Paul Baldwin,Thank you for your post and for considering a property from Five Stream Ventures!
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15 January 2025 | 3 replies
I rest my case.And here is my older post on finding good CPAs:https://www.biggerpockets.com/forums/51/topics/1222774-expla...
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19 January 2025 | 46 replies
If you reread my post, you'll see that I was clear that my purpose was to avoid that what you wrote would unintentionally mislead.
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6 January 2025 | 2 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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23 January 2025 | 10 replies
I won't repeat others' questions that have been posted already.