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31 December 2024 | 2 replies
Base the amount of podcast I watched, I know it's very possible but with limited finance, it seems out of my reach.
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27 December 2024 | 8 replies
If the tenant misses a payment the full amount becomes due.
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28 December 2024 | 1 reply
You have a skillset that could be extremely useful for quick fixes and landlord issues and from there you can bridge relationships and partnerships to enhance your knowledge of real estate investing and couple your skills.
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15 January 2025 | 24 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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2 January 2025 | 10 replies
If it's just a two-family, or really with any amount of units, I would send the same notice to all parties so it's clear that it is addressed to everyone (even though it's because of one tenant).
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27 December 2024 | 1 reply
Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?
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22 December 2024 | 7 replies
gotta echo the sentiment for spending some time on the ground even if a small amount on the front end.
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18 December 2024 | 12 replies
I’m part of a real estate company specializing in cosmetic fix-and-flip projects, and we’re focusing on the San Antonio and Austin markets.
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8 January 2025 | 33 replies
Fix it before the next month.
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30 December 2024 | 1 reply
I've done this before and made it a small daily penalty/bonus amount.