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27 September 2024 | 15 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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30 September 2024 | 15 replies
Looking outside the city proper (Las Colinas, The Colony, Frisco, etc…up around where Universal is going in).
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30 September 2024 | 10 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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1 October 2024 | 2 replies
We have never lost a single case in court, and most cases don’t make it to court because the offending tenants know that we have well-documented evidence and understand the proper procedures to prevail.
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30 September 2024 | 10 replies
Hopefully we'll at least see some property tax breaks for a year or so, with pricing resets.Cash flow on single family or even multi is always a function of leverage.
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30 September 2024 | 12 replies
Properly scheduling inspections for HVAC systems, water heaters, septic.. etc, is vital to minimizing emergencies.
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1 October 2024 | 24 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
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30 September 2024 | 46 replies
A big part of guest experience is design and functionality of the home.
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1 October 2024 | 23 replies
It makes sense, most have no credit, no balance sheet yet possess this desire to own real estate with no proper direction or understanding of the business and this is the unfortunate outcome.
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6 October 2024 | 49 replies
This is not the proper advice.