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16 February 2025 | 20 replies
@Travis Timmons I think the key is to try and include a simple "one sheet" explaining 2 or at the most 3 options for them to choose from.
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19 February 2025 | 88 replies
Yup, JUST LIKE EVERYTHING ELSE INCLUDING RENTS.
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20 February 2025 | 10 replies
We now include insurance contingencies in offers for more areas, certainly around Tahoe, but also in other urban interface areas.
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10 February 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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6 February 2025 | 2 replies
Building a 4,000-square-foot, three-story duplex with a 1,000-square-foot ADU could cost about $1.83 million, including construction and permits (excluding land).
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19 February 2025 | 27 replies
I love this site and have read about 15 books by the various rockstars here including everything David Greene has written.
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19 February 2025 | 4 replies
I know of several excellent property managers in the North Alabama area that would service the Harvest area, including several that I've never worked with personally, but have a good rep in the area.
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1 February 2025 | 1 reply
This includes and is not limited to Sidney, Walton, Norwich, Otego, Bainbridge.
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19 February 2025 | 9 replies
All-in-all the renovations (including a new patio and new plumbing will cost around $90K).
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19 February 2025 | 5 replies
This includes detailing the front yard (with no weeds at all!)