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15 January 2025 | 8 replies
Hardly anyone can prep properly, mask or dropcloth properly, cut in around trim and windows, get even coverage, etc.
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21 January 2025 | 6 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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21 January 2025 | 8 replies
@Fabio CattolicoFrom my experience, balancing career growth, cost of living, and real estate goals is a smart move.
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24 January 2025 | 15 replies
It's properly leveraging (not over leveraging) the asset that pays off.
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23 January 2025 | 4 replies
Structuring the agreement properly, outlining how profits will be split, who covers the rehab costs, and what the timeline looks like can ensure the seller feels confident in the process.
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30 January 2025 | 7 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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26 January 2025 | 24 replies
All help is appreciated and I feel really bad because my other tenants go to work and have children that go to school and they are not able to sleep properly because of the loud music.
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16 January 2025 | 1 reply
You tailor all this according to your unique needs.Real talk: How are you currently balancing your W2 and REI activities?
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4 February 2025 | 11 replies
Whats the best way to balance that out, by making sure the necessary renovations are being made?
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22 January 2025 | 5 replies
A tax advisor can help with deductions and proper reporting.