Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
Cate DeBates
Mankato Mixed-Use Investment (Retail, Multi-Family)
28 January 2025 | 1 reply
Increased demand for historic district rentals and excellent rental history.
Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
27 January 2025 | 3 replies
By understanding the local market and organizing a strong support network, you will unlock varied opportunities for growth and long-run success.If you’re interested in learning more about how to get started or want to discuss specific opportunities in Phoenix, feel free to reach out to local experts or explore educational resources tailored to this market.How many foreclosures are there today vs 2010 or historical average in Maricopa county?
Nilusha Jayasinghe
Property reserves and personal efund locations
16 January 2025 | 12 replies
I don't like the returns but we use regular savings accounts.
Kevin Green
Miami's Rental Market: Rents Decline as Affordability Challenges Persist
24 January 2025 | 0 replies
Economic pressures forcing landlords to adjust rental prices to attract tenants.For renters, this means more flexibility and savings, especially in historically competitive areas.
Matthew Beninate
Business Bank Accounts
1 January 2025 | 13 replies
You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.
Paul Stewart
STR Life- Remitting and paying Taxes
16 January 2025 | 11 replies
For example, in Dec I had one property 100% direct/VRBO which historically 40% Airbnb.
Sakshum Kulshrestha
Questions about Philadelphia Market for LTRs
28 January 2025 | 6 replies
Most who get tripped up are those buying the smaller multi-families that don't possess the correct use permit/historical rental license activity.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
They are either a combination of a Maintenance/Tenant Management business or Accounting/Real Estate sales/Tenant management service.
Jemini Leckie
Out of State Cash Flow
29 January 2025 | 11 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.