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17 January 2025 | 3 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and budgeting.
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21 January 2025 | 1 reply
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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4 February 2025 | 4 replies
The issues I'm seeing have to do with how the new leases were worded regarding the security deposit and who signed the leases.
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1 February 2025 | 1 reply
I was wondering if anyone has these same issues in their market, and how they've been able to skirt the mania and actually find real serious deals.
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14 January 2025 | 4 replies
Relative AffordabilityDespite recent price increases, Buffalo’s housing market remains more affordable compared to many other U.S. metros.
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27 January 2025 | 12 replies
It could be her, not getting but I am not sure.I found it relatively expensive to sign up so I didn't proceed.
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27 January 2025 | 6 replies
Within a residence there is a presumed right to privacy and installing cameras by you or your tenants can bring you legal issues.
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7 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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19 January 2025 | 11 replies
I imagine it’s a relatively short drive from Southwestern Ontario, and it offers some unique opportunities that align well with what you’re looking for.Detroit has seen tremendous progress over the last decade, with significant investment and revitalization in many areas.
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15 January 2025 | 14 replies
But structural issues can kill you.