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27 January 2025 | 29 replies
Do your homework before committing to ensure you’re getting real value.3.
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5 February 2025 | 21 replies
The insurance policy must name [Landlord's Name or Property Management Company] as Additional Interest, ensuring the Landlord receives notice of any policy changes or cancellations.
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5 January 2025 | 1 reply
What kinds of policies do you think might help ensure ongoing affordability as Texas continues to grow?
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29 January 2025 | 20 replies
It’s wise to start with breaking even and ensure you're comfortable with the costs involved.Happy to connect if you'd like to discuss more!
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12 January 2025 | 7 replies
Hi Garry,To ensure your safety, it is highly recommended to visit areavibes.com and select the "See more crime data" option.
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25 January 2025 | 29 replies
Once you master it, its an awesome tool.Like the other members say, you can easily find it online, however, i strongly recommend you watch the videos (that come with the calculator when you buy it for a lil over $100) so you can learn how to use it properly.
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10 January 2025 | 2 replies
From adding bi-fold doors to creating outdoor kitchens, we design spaces that make the most of Southern California’s weather.These trends not only elevate the homes we renovate but also ensure they stand out in the market.
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30 January 2025 | 21 replies
At that class of property, the delinquencies are not low and have to be properly accounted for.The reason I asked how long you have owned is that it takes a while to recognize the sustained expenses.Obvious is to get rid of the poor tenant.
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6 January 2025 | 0 replies
By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.
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3 February 2025 | 25 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.