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30 January 2025 | 12 replies
I currently use Followupboss, prop stream, I alternate between calltools and mojo, I've also tried smarter contactIm looking for a CRM that incorporates all of this but Im not paying a crazy amount.
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9 February 2025 | 36 replies
This would amount to about 4-5% of US residents and of a demographic which disproportionately rents multi-family and also SFRs not owns.
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8 February 2025 | 42 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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11 February 2025 | 21 replies
I should net a good amount from a house I have for sale and I don’t really want to tap into my reserves right now.
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23 January 2025 | 1 reply
And large hedgefunds also to the same, they sell a large amount of homes in a group to another hedgefund.
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22 January 2025 | 4 replies
For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).
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30 January 2025 | 19 replies
Have heard some PMC's allegedly offer other agents a ridiculously small amount like $200.
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6 February 2025 | 18 replies
One time we bought a bulk amount of local fudge and taffy that lasted a while.
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29 January 2025 | 21 replies
The “borrower” would have an option to buy back the property if (1) all lease payments (“mortgage payments”) have been made and the borrower/seller pays is the sale price/loan amount in full at the time the option period/note matures.
7 February 2025 | 5 replies
As for soft costs, you’re looking at a fair amount for a condo conversion-there are legal docs to have drawn up, reviews, surveys, recordings, setting up the HOA, reserve studies etc.