Marlena Hawkins
Property Management Insurance
29 January 2025 | 2 replies
., property management companies aren’t legally required to carry general liability insurance, but it’s highly recommended for protection against bodily injury or property damage claims.
Nelson Badillo
Water Meter Issues!
27 January 2025 | 0 replies
This normally would not be an issue but the cost of the water/sewer is extremely high in this area and specifically because the meter is a one inch, the costs are much higher than a normal 3/4 inch on a non-duplex.
Edward Barrett
Section 8 for newbie investor?
26 January 2025 | 7 replies
Especially in Dayton, where you'll get that high cash-flow.
Rick Im
2nd mortgage lender
17 January 2025 | 4 replies
I’ve been working with several lenders for DSCR loans, but I’ve found that the fees are quite high, with minimal benefit in terms of lowering my current interest rate.
Grant Shipman
24-Hour Case Study: Co-Living Marketing
31 January 2025 | 0 replies
.📊 The 24-Hour Results:✅ 695 New Contacts✅ 100% Email Open Rate✅ 15 House Tour Requests✅ 2 Applications Submitted🔥 The Strategy: Livingsmith Partnership Database ApproachOn Friday, January 24, 2025, we launched a simple but highly effective outreach approach to attract potential tenants and partners.
Evan Camire
Charleston STR Arbitrage
27 January 2025 | 2 replies
It will be highly dependent on the district and licensing.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
Even though there is low inventory, interest rates are high, and many properties don't cash flow, look harder there are always deals, you just need to find/make them.
Bobby Eastman
Any suggestions for people to contact for investing in the Sherman/Denison TX area?
18 January 2025 | 17 replies
We were initially looking out of state for a potential move and or investment property just because the property taxes without being able to homestead, plus high cost of insurance, and harsh weather on homes made me feel like it might not be worth it.
Sam Hanaa
Chatting about Windsor,ON
25 January 2025 | 11 replies
However while people in Windsor doesn't have the luxury of high paying jobs that GTA residents have, is it just a temporary fever of buying houses, or there is really something going on in this city ?
Leon George
New to BP Community
24 January 2025 | 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.