Mark Berardi
How’s is Gatlinburg
26 December 2024 | 8 replies
We are seeing lots of huge cabins with pools and arcades being offered for $150 per night or less, with no takers.
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
I would finish 4/6 rooms down there with proper egress and optional ventilation.
Marc Zak
LLC Insurance and Taxation
26 January 2025 | 6 replies
California's probate rules can be drastic in the event of death that having a proper estate plan in place can help in any number of situations, including if just traveling or incapacitated.These are all things you will want to discuss with your attorney and CPA.
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
This reflects continued demand despite economic headwinds*Pending sales increased 3.1% in the metro and decreased 2.2% in Austin proper.
Scott Vaeth
6% Tax Rate - South Carolina Rental Properties
30 January 2025 | 6 replies
Proper underwriting is important.
Christopher Heidrich
Stuck in analysis paralysis and in the military
30 January 2025 | 7 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.
John Lasher
How is the market where you are?
29 January 2025 | 12 replies
Or you'll have to do really costly renovations with proper permitting-- i.e take a 3/1 to a 4/3 to a neighborhood that seeks such size.
Kevin Greer
Do you need a Realtor license to be a property manager in Colorado?
7 January 2025 | 9 replies
I think your biggest issue with any "work-arounds" is going to be your legal liability and holding the proper insurance in case something goes wrong, which I'm going to assume you'd need to be properly licensed in order to be properly covered by insurance.
Amir Portal
Help whit choosing a neighborhoods for BRRRR strategy
28 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.