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15 January 2025 | 12 replies
Proper time tracking and logs are critical for demonstrating compliance with this rule.I've only seen one person with a W-2 qualify for reps, and that was from a tax court case where people had to come in in person and attest to his hard work.
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16 January 2025 | 7 replies
So excited we found tenants, we took our realtors word for it and didn’t properly vet our new tenants.
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12 January 2025 | 12 replies
If you don't know how to do this properly it can be detrimental.
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4 February 2025 | 17 replies
If the Warranty Deed has been properly recorded, the court deems that, as "constructive notice".
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21 January 2025 | 14 replies
Plus, you’d probably reach your goals faster with that plan of attack if executed properly.
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20 January 2025 | 22 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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9 January 2025 | 2 replies
You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?
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31 January 2025 | 29 replies
I have looked at other coastal markets that are less expensive than Charleston proper.
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11 January 2025 | 15 replies
If anyone who is knowledgeable, please chime in so I can relay such information to my friend so they can have proper step to follow.
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15 January 2025 | 10 replies
,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.