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18 February 2025 | 30 replies
The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.
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4 February 2025 | 9 replies
@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?
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7 February 2025 | 22 replies
Note that the diagram doesn't consider tax implications—that's another important factor you'll need to include in your decision.
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10 February 2025 | 5 replies
Being healthy is also important to us, so the more organic stuff we can get the better too.
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7 February 2025 | 5 replies
Though at 1525/mth it is projected to cashflow a little less than 100/mth -- the numbers do not include what I like to call reality numbers (vacancy loss, maintenance, capex reserves).
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7 February 2025 | 0 replies
Some key reasons for privatization include reducing government risk exposure, encouraging private sector competition, and streamlining operations.
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15 February 2025 | 7 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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8 February 2025 | 14 replies
Verifying last 2 years of rental history very important!
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11 February 2025 | 9 replies
For marketing, you enter property details and photos and they submit to all big sites including FB marketplace, Zillow, Realtor, and Zumper.
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10 February 2025 | 29 replies
Anthony,Per my previous numerous communications, JBS is in the process of finalizing all accounts including yours.