
22 November 2024 | 12 replies
The last few months have been a tough row to hoe, for sure.

21 November 2024 | 20 replies
: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.

25 November 2024 | 16 replies
I was just in Cleveland last week and my client there has 18 projects going I personally walked each one and spent 2 fulls days with him and his staff..

22 November 2024 | 13 replies
The locations I am looking at (suburbs reasonably far from downtown and the Tech Center) have seen 3 total transactions in the last year.

22 November 2024 | 2 replies
You could point out that since it's a rental for the last 12 years, she will have some serious capital gains to pay with a regular bank-financed sale, and with your proposal, that tax will only come due after the balloon payment.

24 November 2024 | 10 replies
I would caution on comparing these returns to the S&P 500.Real estate has been pretty much flat the last 2-3 years while the S&P has been on a great run.It's human nature to sell the lows and buy the tops.

21 November 2024 | 6 replies
The last house I sold was last year before the ruling.You are not allowed to mention compemsation of a Buyer Agent anywhere in the listing (according to the warnings) and to do so owill result in fines imposed by the MLS.

21 November 2024 | 25 replies
We have past about 350 over the last two years .

20 November 2024 | 8 replies
Then if at the end of whatever time you have agreed upon, if the tenant still has not left, you can get the Execution to move them out.There are programs out there that may assist the low income tenant with first last and security as well as some moving expenses at a new apartment.

22 November 2024 | 7 replies
She will say, "I will just text them that Ill come check out their issue etc" and I'm like "first of all, we do not text them, we send them a message on the portal, do NOT give them your personal cell #" yet she continues tod o it, I was told last night that we will definitely be letting her go.