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20 January 2025 | 19 replies
If they were looking out for my best interest and knew that they tenant was moving out, they could have taken that opportunity to show me the unit.I had been told that Ready REI’s "contractors" had gone through the duplex including the occupied unit and deemed it move in ready, however the home had MANY issues, and the unit that the tenant moved out of was a complete dump that required a ton of work – much more work than Ready REI let on.
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24 January 2025 | 5 replies
What are some things I should include in the lease?"
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10 February 2025 | 5 replies
You can customize including organic food and they have options for both make it yourself (like HelloFresh) with recipes and also made for you.
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9 February 2025 | 4 replies
Either that or gping with my other option of installing a bathroom on the second floor and including it with the garage as an office space.
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26 January 2025 | 43 replies
Does the contract include a monetary damages provision?
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22 January 2025 | 0 replies
Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.
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9 February 2025 | 3 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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30 December 2024 | 5 replies
Better still, the recessed handle trim is visibly chipped (stands out as bad.)
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23 January 2025 | 5 replies
Here the explanation and benefits:A Bank Trust or Fideicomiso allows foreigners to acquire property within the restricted zone, which includes areas within 50 kilometers of the coastline or 100 kilometers of the borders.
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28 January 2025 | 2 replies
If the land is included with the mobile home, there are DSCR lenders that will be willing to lend up to 70% LTV as long as it is not a rural area.