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20 February 2025 | 5 replies
They will know market data and trends better, have reliable comps to base their recommendations on, and could even be a great deal flow with current portfolio properties selling.The completely remote, centralized PM function is one of the reasons why you see the homes owned by PE firms sit on the market so long.
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21 January 2025 | 2 replies
For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market.
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20 January 2025 | 7 replies
So simple.Email & Marketing: How are you handling outreach, automation, and social media?
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25 February 2025 | 3 replies
To keep her expenses down.My plan is to rent the duplex out agian with new tenants and cash flow for about a year or two until I see the market become a seller market.
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21 February 2025 | 5 replies
Could anyone share advice or insights on the market here?
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24 February 2025 | 3 replies
What markets in South Carolina are you interested in?
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25 February 2025 | 12 replies
SF Has a broader market appeal since you can sell to investors and owner/occupants.
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25 February 2025 | 3 replies
Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.
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20 January 2025 | 4 replies
He is great with investors and can find deals that cash flow much easier, including some off market stuff.
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24 February 2025 | 0 replies
This is because the assessment limits reset to the new, current market value only upon purchase, making it less advantageous for homeowners to move.