Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
29 January 2025 | 8 replies
With a flat fee structure, if you have a vacancy, the property management company has no real incentive to fill it quickly.
John Voychick
Do not use Suncoast Property Management in Jacksonville
25 January 2025 | 31 replies
We have a property management company and real estate brokerage.
Dan Ermolovich
Eviction Issue - Out of state investor
29 December 2024 | 5 replies
You should be able to hire a professional company to serve the paperwork.
Charles DeRiso
Anyone hear anything about iintoo?
22 January 2025 | 7 replies
Large syndication company, higher fees than most other syndicators.
Anthony Miller
Aspiring Residential Investor
7 January 2025 | 11 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.
Peter Neill
From PPR Note Co. to GSP REI: Finding My Freedom Raising Capital
27 January 2025 | 6 replies
GSP REI is a diversified real estate investment company based in the Philadelphia area.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
26 January 2025 | 53 replies
That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?
Brandon Toron
How to get the most cash out of my property?
13 January 2025 | 13 replies
There's a decent jump in rate from 75% to 80% LTV which also affects cash flow...I can't imagine that anything above 80% would be feasible.
Noah Laker
Opening a Sober Living Facility
19 January 2025 | 5 replies
@Noah Laker Will you be running the house or leasing it to a company.