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5 January 2025 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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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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28 December 2024 | 8 replies
If he truly felt like I had wronged him, he must follow the proper channels.Â
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26 December 2024 | 9 replies
I think this may be a built in functionality of the Turno app, but I don't use Turno and my cleaners don't seem to offer that as part of their standard process.
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2 January 2025 | 13 replies
I am orginally from Elgin, but living down in Logan Square area of Chicago proper!
4 January 2025 | 5 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2751141/small_1686243055-avatar-alecb74.jpg?twic=v1/output=image&v=2)
9 January 2025 | 12 replies
This is a more advance tenant placement tactics people who lack the experience or with an innocent mind can't read others properly should do more often before they relying on their read.Â
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29 December 2024 | 7 replies
Can anyone recommend software which would accept monthly payments (from me to seller)Â and create proper 1099 forms for tax purposes at year end?Â
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8 January 2025 | 14 replies
Rate is a function of price.
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17 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.