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8 February 2025 | 14 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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22 February 2025 | 5 replies
Either that or gping with my other option of installing a bathroom on the second floor and including it with the garage as an office space.
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9 February 2025 | 3 replies
I recommend you include some of your key qualification criteria in the advertisement.
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20 February 2025 | 32 replies
I got blocked by putting my email before.
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20 February 2025 | 9 replies
- Run your numbers (including all operating costs including property mgmt) based on current rents in AS IS condition and renovated.
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15 February 2025 | 6 replies
This includes critical programs such as: Social Security & Medicare, Medicaid & SNAP (food assistance), Pell Grants & Head Start, and Rental Assistance Programs".
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28 January 2025 | 14 replies
Quote from @Fiona Brown: LOL @Chris SeveneyHe has picked who he wants to deal with So I thought I would ask as I cannot find ANY reviews... and I have picked mine :) Which is you LOL as I found heaps good reviews for youWe have a call with your associate tomorrow for my pick at 10 am Not sure who we speaking to as 2 people have emailed the times Katie KlezekToni Shackelfordok, I am blushing...
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25 January 2025 | 5 replies
Mailing is a slow play and takes volume.
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19 February 2025 | 171 replies
I have invested with financial attunement (Neil Bawa was a partner at the time), emails still include him.
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9 February 2025 | 4 replies
For this I’ve taken the payment amount of the second loan and included it as an additional monthly expense.