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26 January 2025 | 48 replies
Or any other resources for STR SEO if you're willing?
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24 January 2025 | 0 replies
I definitely would recommend each of them - very resourceful and of course, investor-friendly.
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12 February 2025 | 43 replies
Maybe some listings might interest you.Another resource is Memphis Investors Group.
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24 January 2025 | 6 replies
It's a little different but structured properly it beats the work, hassles and uncertainties of flips.
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26 January 2025 | 32 replies
They have different tiers depending on what type of training and resources you're looking for.
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22 January 2025 | 1 reply
I'd be happy to get connected and share some resources with you.
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28 January 2025 | 10 replies
Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.
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24 January 2025 | 13 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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11 January 2025 | 14 replies
As someone who manages over 1,200 properties, I can tell you that proper screening is where professional property managers (PMs) really shine.Here’s why working with a professional PM is worth it:Screening Expertise:Fraud in tenant applications is more common than many realize.
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.