Kevin Greer
Do you need a Realtor license to be a property manager in Colorado?
7 January 2025 | 9 replies
I think your biggest issue with any "work-arounds" is going to be your legal liability and holding the proper insurance in case something goes wrong, which I'm going to assume you'd need to be properly licensed in order to be properly covered by insurance.
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
I would advise running your rents conservatively and vet property managers properly before signing anything.
Alvin Sylvain
Anybody play this game called "Tenants" on Steam?
24 December 2024 | 9 replies
Quote from @Alvin Sylvain: This could be a good idea if executed properly.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
9 January 2025 | 2 replies
You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?
Jerry Zigounakis
Best Growing Markets To Invest In
29 January 2025 | 14 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.
Daniel Grantz
Best markets for cash flow
3 February 2025 | 25 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.
Cody Caswell
Save Hours at Home Depot + Lowe's
25 January 2025 | 7 replies
There are two items that you need to completely solve this problem for your rehabs: properly built Design Boards and a Finish Schedule.
Yooni Choi
How to self-manage out-of-state property
25 January 2025 | 12 replies
Finding someone with the expertise to screen and place tenants properly is rare.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
Having reasonable expectations, hiring a local professional (Realtor or PM), doing your research, and doing everything right (i.e. pro photos, professional design, good renovation, proper amenities and location, etc) are the keys to success in 2025.
Alex Houser
Foolish to buy office building?
18 January 2025 | 8 replies
@Alex Houser You need more numbers and a proper inspection to justify the price.