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20 February 2025 | 7 replies
Have a great foundation repair company in your contacts list as well as a great structural engineer.Some flippers thrive on these properties as without repair they can be difficult to finance with financing an owner/occupant would use.
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14 February 2025 | 8 replies
My company builds and sells single family homes in SW Florida.
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17 February 2025 | 5 replies
My rental still does not have many responses as listed by my current Property management company .
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15 February 2025 | 7 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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5 February 2025 | 13 replies
-you can't do a BRRRR without a major rehab.
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6 February 2025 | 12 replies
However, the average lifespan of companies is 10 to 18 years, so every private-sector job your tenants have will eventually disappear.
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6 February 2025 | 7 replies
Hot tubs can be a major revenue booster for STRs, especially in colder climates or vacation destinations.
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21 February 2025 | 5 replies
We've got a lot of med students at UAMS and students at Bowen Law as well as 3 major Amazon hubs.
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29 January 2025 | 0 replies
Does anyone have any experience with his company and is willing to share their thoughts?
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14 February 2025 | 8 replies
Credit HistoryMany companies use credit summaries, but we find these rarely tell the whole credit story.