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7 February 2025 | 25 replies
Even help with after you get your property with calls that help you manage the property manager!!
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5 February 2025 | 21 replies
As a property manager, I also require landlords place me on their policy as "additional insured" and it extends some protections over to me.
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7 February 2025 | 7 replies
TYI still know property managers who swear by them.
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31 January 2025 | 12 replies
Quote from @Noah Laker: I'm a local broker and investor, and manage 100+ Airbnb properties for clients.
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1 February 2025 | 23 replies
I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.
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11 February 2025 | 2 replies
I'm looking for a spreadsheet or tool to use an example to log and track hours spent on real estate Managment.
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7 February 2025 | 9 replies
We recently started a Co-Hosting business and are managing for one other person.
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31 January 2025 | 8 replies
Use a buyer's agent that knows the market, contracts, negotiations, etc.If you really want to learn about investing, get a job in property management.
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11 February 2025 | 1 reply
Managed and renovated entire triplex in a newly revitalized area.
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9 February 2025 | 3 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.