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23 February 2025 | 25 replies
House hacking is financially a no-brainer and no city in the US (including Chicago) has more duplexes than Milwaukee.
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14 February 2025 | 5 replies
Hi Jacob, There are DSCR and Hard Money Lenders that will finance a manufactured home as long as it is not in a rural area, and there is no land lease.
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11 February 2025 | 1681 replies
However they cannot supply 10,000 of those deals.
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8 February 2025 | 42 replies
The second thing would be simply the costs, themselves.
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10 February 2025 | 1 reply
Strong dollar means higher component costs.3.
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4 February 2025 | 4 replies
The applicant was initially upset and claimed no other reports has previously caught flagged this.
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22 February 2025 | 11 replies
How are you planning to fund the rehab costs?
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9 February 2025 | 3 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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18 February 2025 | 4 replies
You mentioned no issues and that they are highly regarded student housing sponsor.
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10 February 2025 | 59 replies
Insurance costs are going up like crazy.