10 January 2025 | 5 replies
Estimated cost for remaining changes (all new electric, drywall, tile, fixtures, cabinets, roof, doors, windows, heat pump, some siding, and fencing.
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22 January 2025 | 5 replies
. - Another exception to note on that foreign buyer ban is the number of units/doors for your investment: I believe the magic number is 5+ as this would be considered as commercial Real Estate- In Ontario, you will also have to look our for the Non-Resident Speculation Tax (NRST) which imposes about 25% on the purchase tax.
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12 January 2025 | 7 replies
JanineI am next door to you in Washington and you can go either way.
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7 February 2025 | 14 replies
But anyone who books that is either going to pay next to nothing to be 25 minutes from all the stuff to do, OR, they will book it for the amenities and probably plan to stay in.Probably 90% of my guests in nashville have booked for location.
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21 January 2025 | 18 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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8 January 2025 | 1 reply
We currently manage around 150 commercial office doors in Gwinnett County, GA.
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5 January 2025 | 18 replies
I sent her a 5 day notice via certified mail with return receipt requested because she wouldn't answer the door or answer my phone.
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16 January 2025 | 78 replies
It looks like a nice house but its next to a gas station & now it won't rent or the tenant is not a quality tenant since they are willing to live next door to a gas station.4 - If its sounds too good to be true or it seems too easy, run away very fast.
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29 January 2025 | 12 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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24 January 2025 | 36 replies
Do managers that advertise 8% only do 8% when there's a bundle of doors to manage?