Nicholas D.
Is there anyone located in Mass who invest in OOS Apartments (10-40 units)?
27 January 2025 | 5 replies
The 23 doors are only spread over 4 properties.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
Most rental properties in Milwaukee are old and run down, our product stands out.
Spencer Dixon
BF LIVE then LEAVE
16 January 2025 | 0 replies
It all started with removing some interior walls and changing the floor plan, removing a chimney, adding a bedroom and bathroom, installing patio door to the backyard, and completely renovating every other interior element What was the outcome?
Jonathan Glumac
Disclosing Sales Agent and Brokerage to MF Development Employer
20 January 2025 | 3 replies
Getting his/her initial reaction could open the door to an agreement that works for both of you.
Anthony Miller
Aspiring Residential Investor
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.
Adam Michel
First Time Buyer - Off-Market Inheritance Deal
14 January 2025 | 2 replies
So the fact you’re already thinking about using your sweat equity to add value is a great sign.Even though you found this deal on your own, a solid realtor can do more than just open doors for showings.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear.
Scott Trench
Plotting the Relationship Between Social Media Presence and Real Estate Fund IRR
30 January 2025 | 4 replies
The one who thinks that they are masters of the universe in EVERY area of life, has 30 different businesses, claims to be fit as a fiddle, with a life in perfect harmony, shows off huge toys, has 30 different businesses, including selling their time by the hour to provide coaching... this person is not running a real estate syndication business.
Ryan Brown
Impact noise from upstairs apartment
30 January 2025 | 4 replies
Immediately after one complaint our staff runs over there and they did not hear anything but normal family sounds.
Mark Simpson
Interesting use case for ChatGPT Operator:
29 January 2025 | 6 replies
I was thinking of running a test for more Real Estate based, if you would like to see it?