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19 February 2025 | 2 replies
This seems to follow the general overall trend of lower cost areas winning at the expense of those with a high costs of living.
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13 February 2025 | 1 reply
List your property on corporate rental sites like Blueground, Zeus Living, and Furnished Finder to attract high-income tenants.
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10 February 2025 | 1 reply
Hey Khaled, I have a PM who focuses on multi-family and has high praise from my clients.
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23 February 2025 | 2 replies
To answer your question I would highly recommend shopping around on the BP online bookstore and finding a couple of books that stand out to you.
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22 February 2025 | 0 replies
White subway tile is one of the cheapest tiles you can buy, but to make it look high-end, try installing it in a unique pattern like vertical stacked or basket weave!
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18 February 2025 | 13 replies
Join a high producing team.
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15 February 2025 | 1 reply
So, that specific area isn’t in a high-growth stage.
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4 February 2025 | 38 replies
@Jay Hinrichs which BTW, 6% is high.
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12 February 2025 | 22 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.
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17 February 2025 | 4 replies
Hi Andy, how are you, good to meet you, For starters, I work with Steve Wolterman and in the event you need a great qualified intermediary, I would highly recommend his services.