Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Morning Scott, I missed this post and posted above but its worth repeating.
Jared Fisher
Cleveland Property Manager Recommendations
11 January 2025 | 9 replies
@Jared FisherRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Ananth Subramanian
Post Eviction Judgment
26 December 2024 | 7 replies
A quick search says they have 5 days to appeal and must post a bond equal to a months rent.
Grant Woodward
Post cleaning pictures?
26 December 2024 | 9 replies
Occasionally I catch some cleanliness issued that I am not satisfied with which I believe is due to variability in attention to detail between people on their crew, or lack of training and familiarity with my property.I've seen mentions of the value of post cleaning pictures from hosts on other forums.
ZZ Song
Any experience with Prime Corporate Services?
20 January 2025 | 31 replies
I have opened two more LLC's with them since I last posted here.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
IRS is saying you cannot combine hours.This post does not create a CPA-Client relationship.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
So if I understand correctly, RWN brought shady deals to their investors, watched them invest without proper due diligence and investors got screwed?
Kris Lou
Canadian Investing in Indianapolis
7 January 2025 | 9 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Lucy Ahl
insula capital not what they advertise
5 February 2025 | 7 replies
The lender clearly didn't communicate with you or set proper expectations, which is why it seems the expectations you have are inaccurate.Most lenders will NOT allow you to order your own appraisal/BPO.
Jason Mitchell
New Detroit Rental Investor
8 January 2025 | 9 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.