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24 January 2025 | 7 replies
Curious to know opinions from real estate agents, flippers, developers and anyone in the know regarding what home buyers generally would prefer.
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9 January 2025 | 4 replies
I’ve been considering working for as a acquisition manager for a wholesaling company, as I believe it would help me develop skills in property analysis and enhance my sales abilities.
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14 January 2025 | 28 replies
I've asked my clients a similar question and have developed tools for them to minimize this, but I find there are a few different types of clients.Manager managed - these folks have no issues as they simply upload their year end statement from their property manager, their 1098 mortgage statement and any other one-off expenses they may have paid for outside of the management company.
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21 January 2025 | 2 replies
Quote from @Daniel Huang: Hi, I am trying to transition to develop my rental income as I am in the final years of my professional career.
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30 January 2025 | 45 replies
This is for bandwidth and risk management.
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7 February 2025 | 2 replies
You can see the development in the area is in full swing.
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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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27 January 2025 | 65 replies
Their previous company Amplify My Business has the same horrible reviews and scam so they closed down and started the new scam called Launch Your Leads managed by Matt and Tom Mclleland.
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10 January 2025 | 26 replies
Too many people are sleeping on this.Kentucky Economic Development has many site ready properties in smaller areas that are ripe for rentals.
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26 January 2025 | 33 replies
As an owner of single family rentals, it's on me to adequately vett out and keep on top of the performance of my property managers.