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21 January 2025 | 31 replies
So far, it’s 100% positive.
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19 January 2025 | 2 replies
That was some time ago and opinions do change but last I had heard it was positive.
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5 February 2025 | 16 replies
We position ourselves in the middle, offering a high-touch, small-business experience with Superhost status.
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21 January 2025 | 3 replies
With some changes to the management structure and leadership, I believe we can significantly increase the revenue potential while providing a positive impact.
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28 January 2025 | 16 replies
I'd be a hard no in their position.
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20 January 2025 | 10 replies
As we continued to scale, we eventually added a positions to start taking some of my wife's responsibilities.
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19 January 2025 | 4 replies
We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).
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18 January 2025 | 1 reply
Those positions are hard to come by but if you can find one and get your green card, you're set!
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27 January 2025 | 12 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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20 January 2025 | 7 replies
If you acquire one new property each year, you could significantly increase your wealth and potentially position yourself to qualify for larger investments, like apartment buildings or construction loans, within 10 years.I’ve worked with clients who have successfully implemented this strategy, and it has proven to be an effective path to building long-term financial freedom through real estate.Good luck with your decision!