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9 January 2025 | 32 replies
If you have one high earner as a W-2 I would recommend the other switch to managing the Real Estate side of your wealth ASAP.
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12 January 2025 | 6 replies
Cash Flow Management: If you take out additional debt, it's crucial to have a plan for managing your cash flow. 4.
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15 January 2025 | 10 replies
Also I can said that working as a project manager in renovation is helping me a lot.
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8 January 2025 | 11 replies
I would be interested in connecting for the Washington team position for both purchasing agent and professional property management.
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8 January 2025 | 5 replies
Logical Property Management are actually my property managers.
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20 January 2025 | 22 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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9 January 2025 | 0 replies
However, I don’t yet have the funds for a down payment on another house, and I’m trying to figure out the best option for where to live while I rent the apartment.Do you have any recommendations for managing this transition or tips on finding a temporary place to stay?
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24 December 2024 | 8 replies
In the past when I am looking for a property manager I google to find all managers with physical offices in close proximity to my properties to narrow my search and ignore all sponsored adds that fake that they are local.Since you have self managed, you will be better equipped to "manage the manager".
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9 January 2025 | 6 replies
Are you self managing those properties?
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6 January 2025 | 4 replies
Like "Biggest single family propetry management mistakes ever" etc