Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
6 January 2025 | 6 replies
We typically pay somewhere in the range of $3500 for a new, basic furnance, including install, if there are no other modifications to the system required.
Shakthi Kamal
Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 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.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
I've been informed that completing the course alone may not be sufficient to pass the exam, so I’m seeking advice on how to prepare effectively once I complete it.Currently, my only other resources include a YouTube video, five practice exams, and a textbook.If you have any additional suggestions—whether online or in-person, paid or free—that could help me effectively prepare for the exam, I would greatly appreciate them.
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
THE VISION: With 130 units and 8 buildings plus a wedding and event venue, our vision includes revamping this space into a dream hotel.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Screening: Includes income verification and rental history verification.
Yehuda R.
Renting My Property to Traveling Nurses. Seeking Advice.
8 January 2025 | 5 replies
Fully furnished, with all utilities included.
Fara Heath
Best way to finance this deal?
10 January 2025 | 1 reply
Secondarily, if I had a buyer for the land before I close, could I structure the purchase to include them without doing a wholesale deal?
Natasha Rooney
Multifamily Properties in Indianapolis
10 January 2025 | 10 replies
We specialize in managing single-family and multi-family homes, with a portfolio that includes properties in the Indianapolis market.
Jonathan Small
Single-Family vs. Duplex: Which is the Right Investment for YOU?
6 January 2025 | 1 reply
I've even had tenats bring their own range, but usually that's included in the lease as are dishwashers.
Sean O'Keefe
BOI Report deadline and the enforcement of penalties are back as of 12/31/2024
1 January 2025 | 5 replies
I also included some instructions to help.