Nitesh Chand
Can I sell my house with tenants
4 January 2025 | 12 replies
You must give proper notice before each showing, you must give the renters the opportunity to buy the house first, and the new owner will have to honor their lease if they intend to stay.
Kevin McGinnis
Eviction in Madison County Illinois
26 December 2024 | 2 replies
Make sure you have properly served the notice and you have "Proof of Service" properly filled out.
Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
Give proper legal notice of non-renewal and get them both out.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
This is a more advance tenant placement tactics people who lack the experience or with an innocent mind can't read others properly should do more often before they relying on their read.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
You don't need a mortgage broker, just a reputable, competent direct lender that will ask the important questions upfront to properly screen your deal.
Tiffany Palaskas
Sell or keep income producing duplex
31 January 2025 | 48 replies
Hopefully your one side will vacate properly and clean.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Hey @Thanh Lu, so if you only have a couple of units, then self management isn't that hard.The key to doing it right is setting it up properly and keeping up on maintenance.I can count the number of late night calls from guests on one hand.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
Section 8 tenants can be fantastic renters if screened properly.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 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.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Quote from @Alan David: Inner circlejerk for thec few who hsvent been nripped off.........yetYour not “ripped off” if the investment parameters and risks were properly disclosed and you chose not to read the disclosure materials.