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17 February 2025 | 15 replies
I got annoyed last year when my host forced me to login under my own username.
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13 February 2025 | 3 replies
If anything, they might keep creeping up, just maybe not as fast as the last couple of years.If you’re looking to buy in Suffolk, it’s definitely still doable, but expect competition.
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6 February 2025 | 8 replies
A lot of lenders used to apply 35% for expenses, but in the last several years, the numbers for supplies, labor, utilities, taxes, etc… have increased significantly.Also take into account the age, occupancy and how has the property been maintained, this will affect the expenses too
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5 February 2025 | 69 replies
-We have experienced continued progress in the last couple weeks through our compaction tests.
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16 January 2025 | 13 replies
That's kind of what I figured, the last public ballot measure vote to deny rezoning was late 2023.
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5 February 2025 | 4 replies
That moratorium is supposed to be temporary.Mind you, while the US used to have (some of the) lowest interest rates in the world for the last 15 years, this is no longer the case and the US actually has some of the highest interest rates in the world nowadays and that doesn't look to change any time soon.
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6 February 2025 | 3 replies
Republicans blocked it passing last year so they didn’t give democrats a win before the election.
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16 February 2025 | 14 replies
In the last 20+ years, I’ve never received any interest from ANY of my landlords.
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27 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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15 February 2025 | 9 replies
Great last name.