Rose White
Tenant Background Check
15 January 2025 | 6 replies
I recommend you include some of your key qualification criteria in the advertisement.
Shayan Sameer
Questions About Purchasing a Duplex as a rental
17 January 2025 | 11 replies
During your analysis did you include a percentage amount for vacancy, maintenance, and cap x?
Brett Coultas
New member introduction and host financial question
21 January 2025 | 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.
Jerry Maze
Investor friendly Title Companies and Closing attorneys
5 January 2025 | 5 replies
@Charles Kao I believe he means attorney & Title Services that are familiar with non traditional or creative Transfers or Sales of property that don't include Banks.
Doug Kirk
Liens on a property and determining position
3 January 2025 | 8 replies
The following quick filters now include HOA-related insights:Active liensPreforeclosuresUpcoming auctionsHope this helps
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.
Neeta Agrawal
Asking for Security deposit after 1.5 yrs
4 January 2025 | 7 replies
I keep scans or pictures of all of all letters I send this way including the letter as readable before it goes into the envelope which includes the tracking number written on the letter, plus the filled out certified mail paper and the envelop after its addressed.
David Lewis
Boston - Has the ship sailed?
22 January 2025 | 42 replies
@Jerell Edmonds is right that many of us, including myself, waited because of fear and feelings.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
They’re super slow to get K-1s out and there was no mention this year of being included on their aggregated state return.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
However, does that include people who wouldn’t qualify?