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20 February 2025 | 22 replies
I replied I had credit cards but no photo id.
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21 January 2025 | 13 replies
It's great for a landlord if the tenant is properly screened.
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12 January 2025 | 21 replies
Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.
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20 January 2025 | 19 replies
If they pass all of the checks and have the proper income then they have a shot at moving in.
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8 February 2025 | 22 replies
Down the line you should be ok with proper pricing and rising rent over time.
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21 February 2025 | 250 replies
Maybe use that 650 Billion to pay down our credit card balance which is rising at 1 Trillion every 95 days and perhaps then the Bond market would take our own country seriously.
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21 January 2025 | 8 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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23 January 2025 | 7 replies
Just know them going in so that you can properly budget.
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15 January 2025 | 8 replies
Hardly anyone can prep properly, mask or dropcloth properly, cut in around trim and windows, get even coverage, etc.
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21 January 2025 | 4 replies
File an eviction with the court and provide the proper notices (e.g., 10-day notice to pay or vacate for nonpayment of rent).