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13 February 2025 | 22 replies
I try to manage mine at $100/month/door.
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8 February 2025 | 1 reply
Found T&H realty services to be pretty interesting as they provide both buyer brokerage service (to help me find deals) as well as do property management i.e. they are not full turnkey provider necessarily, but reduces some of the hassle for me I guess as an out of state investor.
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15 February 2025 | 2 replies
Your SEC attorney can help you with the details.Typically you would have one LLC that owns the properties and another LLC that acts as manager.
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19 February 2025 | 14 replies
A great realtor can place a tenant for you and show you how to self management.
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22 February 2025 | 4 replies
Also would greatly appreciate recommendations for agents, lenders, and property managers in the OKC area as well.
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10 February 2025 | 1 reply
I got great value from a $200 course on how to use Quickbooks for managing SF rentals.
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21 February 2025 | 10 replies
Highly recommend self-managing so you can take advantage of a cost segregation and the short term rental loop hole!
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10 February 2025 | 4 replies
➡️Manage existing portfolios.
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18 February 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.
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14 February 2025 | 4 replies
Now, I’m full-time with Zuma Capital Group (ZCG), a company I co-founded to focus on acquiring and managing multi-family real estate investments.