Jp Coghill
Appfolio On Boarding
11 January 2025 | 1 reply
Once you get this information to them you will also be required to do a zoom call and walk around showing them some of this info - the office, any signage, and locks on doors.
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.
Walter Pineda
Your Property Management suggestion for Memphis, TN Please.
24 January 2025 | 12 replies
We've successfully used Mid South Home Rentals (division of Enterprise Realty, Arlington,Tn.) for 11 years now to manage our 24 doors of SFRs, duplexes, & 10 unit apartment..
Max Smetiouk
Amenity ROI debate
24 January 2025 | 10 replies
And your cleaners will need to clean out the fireplace ashes each time, make sure the damper is closed, bring wood in or have a pile near the door, whatever.
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
30 January 2025 | 48 replies
Over two years, I built up 12 doors, which now generate about $100k in net income annually.
Wade Wisner
Help with Note/DOT investing
28 January 2025 | 14 replies
Eddie Speed and NoteSchool say they have access to thousands of notes through mutual fund purchases by Colonial Funding, but I seriously question that they actually do, or that members get to purchase them.
Kiran Asknani
New to STR market in Massachusetts
28 January 2025 | 14 replies
So she took that extra space, added a wall and a hidden door and poof!
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
Having a partner who has done larger deals will get you through the door many times.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
Bank a few doors down from my residence didn't ever foreclose on a property.
James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
I sent her a 5 day notice via certified mail with return receipt requested because she wouldn't answer the door or answer my phone.