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22 January 2025 | 31 replies
Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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15 January 2025 | 10 replies
I'm a big fan of value-add opportunities, whether it's buying something currently undervalued & fixing it up to my standards, or buying something that has additional income opportunities that have yet to be incorporated.
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7 January 2025 | 27 replies
S8 standard voucher amounts INCLUDE all utilities.
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15 January 2025 | 7 replies
Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.
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15 January 2025 | 6 replies
And if it's a high amount, would you be better off just using that as a downpayment and get a standard new investment loan?
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7 January 2025 | 4 replies
This motivation lead me and a business partner to start Raise the Standard Property Management.
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6 January 2025 | 5 replies
A standard roof that use to cost $15,000 to replace, is now well over $30,000 to replace in many areas of the country.
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8 January 2025 | 27 replies
It was only after this period ended that I discovered the problem when I encountered difficulties obtaining home insurance.
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12 January 2025 | 8 replies
The term Tiny Home is the actual company selling these really nice smaller less expensive versions of standard built homes.
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7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!