
27 September 2024 | 13 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.

28 September 2024 | 5 replies
One of our handymen is a porter at another co-op with similar guidelines and he reports that the majority of unit owners find ways to keep their apartments rented long-term vs. moving back in.All the best!

30 September 2024 | 10 replies
Some will list major employers, but often none of the residents work for any of those employers and likely never will due to income or location.

27 September 2024 | 1 reply
Purchase price: $270,000 Cash invested: $10,000 4 bed one bath single family home in small town with great school district, about 10 minutes from major city on Front Range of Colorado.

3 October 2024 | 29 replies
It is rural and 30 minutes outside of a major city, however, it does have a 20x30 shop that a tenant under the right circumstances might find desirable.

28 September 2024 | 9 replies
As mentioned, there are 2 major approaches: contractor or DIY to resolve.Contractor: Get bids and charge the tenant what it costs you.DIY: Tally your materials and labor cost, then charge your tenant.

25 September 2024 | 14 replies
Sales folks bend over backwards to try and solve issues but their accounting department do not provide any support.

27 September 2024 | 47 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.

28 September 2024 | 8 replies
There could be major variation - for example, once you move out, do you still pay utilities?

25 September 2024 | 4 replies
How much of the S8 rent is covered by the program and how much is the tenant's responsibility is dependent on how much money the tenant makes.The housing department has a formula they use to determine the voucher mix.