Ryan Brown
Tenant blasting music all night
26 January 2025 | 24 replies
Make sure to mention that this violates the quiet hours policy and could impact their lease status.
Mike Reynolds
Solo K financing question
1 February 2025 | 15 replies
You protect your assets by buying a landlord insurance policy, which comes with dwelling plus liability coverage.
Jorge Vazquez
Sign on rental properties yes or not?
15 January 2025 | 10 replies
We have zero concerns of squatter in SWFL.
Drew Poniewaz
Seller/ Owner finance restrictions on Zillow
30 January 2025 | 4 replies
They would not put up my listing because it violates their policy on financing.
Allende Hernandez
Do you run screening in all the potential tenants?
22 January 2025 | 16 replies
On a per-owner basis the policies will change for occupants over the age of 18.
Aristotle Kumpis
Is it possible to buy with no money out of pocket?
1 February 2025 | 16 replies
Then there you go.One thing I am looking to try to do but haven't done yet is buy something with zero down on seller finance, put the rehab on a 0% credit card, then refi the seller off in 12 months and pay back the card.
Derick Jennings
New to this
31 January 2025 | 13 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.
Sidney Duquette
Strategies for High Equity Growth Properties: Risk Mitigation, Value-Add, Cash Flow
20 January 2025 | 7 replies
Get replacement cost hazard insurance along with an umbrella policy of at least $1M, probably double in your area.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
2 February 2025 | 62 replies
Lots of people in higher risk zones are seeing 100%+ or even canceled policies with no option to renew.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 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.