Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes it does, needing to keep the books and properties seperate for proper Tax Reporting and any 1099s you may need to file can be costly.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
The labor forces used are rarely licensed and insured, are the bottom of the bottom and paired with the cheapest materials... a losing combination.
NA L Harrison
Where to rent with 13 dogs?
23 December 2024 | 4 replies
Quote from @NA L Harrison: It is irresponsible of you to take in animals you can't properly house.
Scott Tennell
Effective Strategies for Structuring Deals with Private Money Lenders
19 December 2024 | 5 replies
but working with someone who is local to your market, who can show you their legal documents that they have used, introduce you to a proper title/attorney office for drafting documents...I mean, nothing is foolproof...but that route will have a significantly higher success rate.
Alan Asriants
Why BRRRR is not an effective strategy today...
23 January 2025 | 15 replies
I have done quite a few brrrr, but the market interest rate results in large negative cash flow when properly allocating expenses for a sustained hold.
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
So, proper screening is EXTREMELY important!
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
When you analyze a market properly (1% Rules aren't properly), you're analyzing all the properties in that market at the same time.It's even more dangerous for newbies to use any Rule of thumb.Rules of thumb are nothing but shortcuts, which seems to be the growing method of doing anything now.
Randee Erickson
Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
Kalamaras, we were ready to close your file, we needed to change Title Companies as your Title Agency was refusing or could not add proper endorsements because of their Underwriting Insurance Carrier.
Matthew Paul
Home inspector says deck isnt up to code .
22 December 2024 | 23 replies
Most inspectors will know that properties only need to meet whatever the code was when they were built, not current code and they usually explain that properly IME.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 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.