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9 January 2025 | 10 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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16 January 2025 | 4 replies
Etc, etc, etc.What are your goals; near, mid and longterm?
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20 January 2025 | 3 replies
Any recommendations for something that will last for awhile?
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10 January 2025 | 8 replies
This synergy makes our team stronger and keeps us all moving toward the same goals.6.
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25 January 2025 | 8 replies
I don’t mind paying those fees if I can build a solid, long lasting business quickly.I know I can piece together all these things by attending my local REI meetings and making connections there.
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31 January 2025 | 26 replies
24 hrs maybeAlso noticed they were a member since 2025 - and no feedback.I am new also but their lack of response and cryptic message was a bit concerning…so I sent it to spam.Thanks for your inputYeah, it sounds like a phony inquiry to me, but keep an eye out.I got a no message booking request this last fall for next year.
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12 January 2025 | 20 replies
That is probably a good start to setting the goals you need to achieve to make the dream happen.
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8 January 2025 | 10 replies
We discuss spending, net worth, and future investing goals with the cash.
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22 January 2025 | 14 replies
Last two years I averaged $4300 for the season.
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21 January 2025 | 14 replies
Following up on the last comment: please see the following link for more detail:https://www.irs.gov/retirement-plans/2019-ira-dedu...