
9 January 2025 | 9 replies
You are probably better off going with one that has a branch you can visit and get to know the management.

10 January 2025 | 23 replies
Find a good property manager that you can bend their ear.

9 January 2025 | 12 replies
Taxes, maintenance, vacancies, management are all different on each property.

7 January 2025 | 11 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.

7 January 2025 | 0 replies
We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.

12 January 2025 | 8 replies
That is amazing -Where did you manage to double the value on an 8 unit in a short period of time

10 January 2025 | 2 replies
Whenever I hear anyone talk about managing occupancy, there is always a heavy focus on leasing.

13 January 2025 | 17 replies
Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations.

8 January 2025 | 5 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.

6 January 2025 | 4 replies
Like "Biggest single family propetry management mistakes ever" etc