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7 February 2025 | 13 replies
If I’m sick, the business keeps running.
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23 January 2025 | 2 replies
There could be local considerations that are tax and inheritance related.
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27 January 2025 | 12 replies
It could be her, not getting but I am not sure.I found it relatively expensive to sign up so I didn't proceed.
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27 January 2025 | 29 replies
.: Quote from @Jay Hinrichs: having been a back room vendor for Montelongo Vertucci rich dad poor dad.I got to interact with hundreds of students.. its like anything RE related only a little worse than say RE agents .. 20% of RE agents make 80s of the income
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22 January 2025 | 0 replies
Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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22 January 2025 | 31 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 | 11 replies
If Tenants are relatively newer you really can't inconvenience them with a lot split, but an ADU build is ok. 2.
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25 January 2025 | 12 replies
For the most part, most lenders are going to be relatively close in cost assuming we are talking about a straight forward loan product, we all borrower from the same pool of money to make these loans.
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23 January 2025 | 11 replies
We're relatively new STR owner/operator in Highlands and have been very pleasantly surprised with demand even outside the peak summer season.