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8 January 2025 | 13 replies
It doesn't cover any loss of income due to your rental being repaired.
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3 January 2025 | 1 reply
I have a wife and 3 kids and the weight of their futures on my back.
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7 January 2025 | 5 replies
Recently decided, to invest in a mobile home park but sold at a loss.
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3 February 2025 | 15 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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5 February 2025 | 6 replies
I don't find even this split worth my time, even as a listing, on my last rental listing I was stood up well over a dozen times last minute!
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29 January 2025 | 10 replies
But I’d also buy the $200 5 year warranty.My last/only stackable I bought last year was LG, the combined towers to try to reduce noise, increase ease of use, and presents higher end look.
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31 January 2025 | 7 replies
No 4 unit multifamily has sold in the last 2 years.
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30 January 2025 | 4 replies
Comps in the last 30 days sold between 90,000-100,000.Any advice on what you guys think would be the best thing to do?
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2 February 2025 | 4 replies
Quote from @Benjamin Sanders: Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain.
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4 February 2025 | 11 replies
Last QI I used was not a great experience.