Ananth Subramanian
Post Eviction Judgment
26 December 2024 | 7 replies
If it's related to nonpayment of rent, the changes they appeal is very low.
Daniel Chen
Section 179 Question for rental business
28 December 2024 | 9 replies
Generally if you only have a handful of rentals and you are fulltime doing something else (a W-2 job), it'll just make sense to claim the standard mileage deduction - @David Orr did a good job outlining all the related nuance to that.
Matt Weddon
Legally Rejecting Applications
27 December 2024 | 17 replies
In-person behavior can be grounds for rejection, would suggest documenting the behavior and related risk to further protect yourself.
Kris Lou
Canadian Investing in Indianapolis
27 December 2024 | 6 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.
Camila Cabrera
Looking for a McHenry County eviction lawyer ASAP
26 December 2024 | 2 replies
Most are relatively the same.
Adam Oldham
Is Wall Street Crowding Out Indianapolis Home Buyers?
23 December 2024 | 8 replies
According to the article, around 5% of the properties are being bought by investment companies, leading to concerns that regular homebuyers are being priced out of the market.1) Do you think this could become a long-term issue, given that the current percentage of investor-bought properties is relatively small?
Jeff Skinner
New Investor Ohio
31 December 2024 | 13 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.
Jonathan Warner
Im considering private lending
16 December 2024 | 8 replies
I’m starting to lean more towards private lending as a way to get my toes wet and get my money working for me in a relatively stable way.I’m looking for educational resources or literature.
Audrey Sommer
How to Calculate 5-Year Rent Growth
31 December 2024 | 3 replies
This could be a huge problem, as the "the rent is too damn high" people will be extremely upset with huge surges in the cost of living, felt acutely in some major metros.3) 2027-2029 should see a return to a more normal inflation adjusted rent growth curve, with the caveat that if supply continues to remain relatively low, we could see national rent growth outpace inflation in these years as well, so long as interest rates remain high.
Leah Miller
SB9 Urban Lot Split Los Angeles
30 December 2024 | 2 replies
If Tenants are relatively newer you really can't inconvenience them with a lot split, but an ADU build is ok. 2.