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30 September 2024 | 4 replies
We also try not to install fridges with water dispensers or ice makers but if we do, we put in our rental agreement that tenant is responsible for any repair to water/ice makers.
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4 October 2024 | 17 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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4 October 2024 | 22 replies
Just make sure you’re following all the proper procedures because she would likely make a very sympathetic figure in court if it came to that.
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4 October 2024 | 16 replies
Compare that to my sec 8 building in suburbs I am constantly texting these low lifes to get their tiny portion of the rent or to get roaches out of their units because they refuse to clean properly.
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29 September 2024 | 2 replies
As for load bearing you should be able to install a double 2x12 header, for openings under 36", If you can DM me, with pictures I can provide further feedback.
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30 September 2024 | 13 replies
I had my attorney file the proper paperwork to redeem the overage, which was recently granted.So I don’t know who you are, but thank you, Ben I would have eventually discovered this but not as early as I did.
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3 October 2024 | 17 replies
I think mid South has grown without placing the proper personnel infrastructure that they absolutely need to run these projects.
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4 October 2024 | 39 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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2 October 2024 | 22 replies
Which has nothing to do with RESPA and is allowed in some states as long as it is properly disclosed.
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27 September 2024 | 11 replies
Fire the property manager.A tenant who installs bidets already violated my lease.