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29 January 2025 | 32 replies
This reminds me of how Alex Hormozie describes "the value equation"; Experience in this case is the factor that determines the likelihood of achievement. 1,000%Alex Hormozie is one of the greatest marketers not just alive, but ever.
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7 February 2025 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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21 February 2025 | 12 replies
Keep your pricing consistent, including pet fees and other charges, to prevent cleaners from adjusting rates unpredictably.
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10 February 2025 | 5 replies
You can customize including organic food and they have options for both make it yourself (like HelloFresh) with recipes and also made for you.
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3 February 2025 | 1 reply
We completely gutted and finished the basement including adding a kitchenette and 3/4 bath, moved out and are now renting both apartments.
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22 January 2025 | 20 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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5 February 2025 | 9 replies
The one who thinks that they are masters of the universe in EVERY area of life, has 30 different businesses, claims to be fit as a fiddle, with a life in perfect harmony, shows off huge toys, has 30 different businesses, including selling their time by the hour to provide coaching... this person is not running a real estate syndication business.
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5 February 2025 | 1 reply
Upgrades included modernizing interiors, updating plumbing and electrical, and enhancing curb appeal.
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5 February 2025 | 0 replies
The renovation process included modernizing outdated features, updating plumbing and electrical systems, and enhancing curb appeal.
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6 February 2025 | 2 replies
Continue renovating my current house--big projects would include finishing the basement (adding a bedroom/bathroom/living rm space) and putting new siding on (the current siding is probably the original).