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3 January 2025 | 3 replies
Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.
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2 January 2025 | 37 replies
Don't get me wrong, cheerleaders are essential - they make you feel good, are always there to lift you, and cheer you on no matter what.
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3 January 2025 | 26 replies
Feel free to reach out with any questions.
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2 January 2025 | 3 replies
I know it can feel like uncharted waters at first.
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25 December 2024 | 10 replies
If you feel unsafe even though nobody has threatened you, that sounds like a you problem again.
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28 December 2024 | 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.
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8 January 2025 | 13 replies
I've done some preliminary due diligence (as the lender) and feel I have a pretty firm understanding of how it works.
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27 December 2024 | 93 replies
If you found yourself in a situation where your family's future was designed around an investment, how would you feel?
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7 January 2025 | 13 replies
You probably had a gut feeling when you first approved her, but you hoped it would work out.Stop communicating with her.
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4 January 2025 | 5 replies
Feel free to connect with me!