Brian Fisher
Pocono Short-Term Rental Disaster - Management, Legal, Insurance?
29 January 2025 | 3 replies
Appears the guests may have left the faucet "on" when the pipes were frozen and when no water came out, forgot to turn it "off".What may have caused the overflow of the sink is maybe the drain lines were also frozen?
Ryan Brown
Impact noise from upstairs apartment
30 January 2025 | 4 replies
Sadly, both of them escalated this conflict and started creating domestic disturbances so we had to move both of them out.Assuming the upstairs family is being reasonable, I suspect no matter what you do, the people downstairs will never be happy.
Christopher Heidrich
Stuck in analysis paralysis and in the military
30 January 2025 | 7 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.
Sophie Sawyer
My experience with Sunrise Capital (Mobile Home Fund)
29 January 2025 | 68 replies
The answer is no.
Mila F.
Tenants trailing landlord during inspections
29 January 2025 | 8 replies
This couple has no kids.
Anthony Sigala
Is the 1% rule dead in Arizona?
5 February 2025 | 35 replies
I guarantee virtually no one is meeting that rule in SD because they're all on here looking to buy in Cleveland or Detroit because in that market price to rent ratios are so askew that buying at a 50% discount probably doesn't get you the 1% rule.
Audrey Sommer
Texas Laws on Out of State Investors
27 January 2025 | 11 replies
There are no restrictions preventing out-of-state investors from purchasing rental properties in Texas—these investors enjoy the same opportunities as Texas residents.Additionally, the financing restrictions you mentioned don’t align with reality.
Akku Kumar
Preparing a Marketing/Pricing Plan to Rent a House Soon After Closing
5 February 2025 | 6 replies
The right rate rents it—no need to overthink gimmicks or incentives.Virtual staging is the way to go.
Orlando Johnson
[Calc Review] Help me analyze this deal
23 January 2025 | 4 replies
I am no longer looking to buy this property because I was out bid.
Ryan Johnston
Should I sell or keep my long-term rental when it isn't cash flowing?? Please HELP
5 February 2025 | 16 replies
Mine is a 2022 build Hey Ryan, Your property checks alot of boxes for me for a MTR focused on attracting families as a whole home rental.Single story, Good school district, Little to no competition on Airbnb, No HOA.I bought a property once in 2015 and it barely cash flowed as a LTR but now 10 years later, I cash flow as a LTR about $600 per month.