
2 September 2024 | 2 replies
I am installing wireless, ten year lithium battery combo smoke and carbon monoxide alarms in my rentals.

5 September 2024 | 9 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.

7 September 2024 | 36 replies
So if I am reading this properly, you are operating a property without a proper permit and have an illegal basement rental as well and basically got busted?

3 September 2024 | 7 replies
Of course, as is always the case, a lien will not be divested if the lien holder has not been given proper notice of the sheriff sale - so even a “free and clear” can have an encumbrance when a failure to properly serve notice happens.Hopefully that was sufficiently clear; if not, post more questions and I’ll do my best to offer clarification.

4 September 2024 | 7 replies
I spent a lot of time to find the locks and now need manufacture to come out to install the lock5.

5 September 2024 | 11 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+, 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, 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.

5 September 2024 | 14 replies
For requests of a new fridge if the old one is still working properly I would “put it on the list” of things to be taken care of in the future.

4 September 2024 | 3 replies
I'm going to run some details by you and I'd like all of you who feel you are qualified to advise me so I can learn how to properly analyze these deals and be more cognizant of potential pitfalls/mistakes:So, I found this property off market in a Chicago real estate investment group.

3 September 2024 | 10 replies
So I ended up investing in Detroit proper and built a 12-door rental portfolio.

6 September 2024 | 24 replies
@Wiley Strahan Propertyware is what we use, so they should be able to supply customized reports - if they are properly incentivized:)