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29 January 2025 | 3 replies
I don't remember the exact cost when I did it but I remember thinking it was cheaper than expected.I didn't see a comment mentioning that you should just include utilities in the rent and increase it based off that so I'll be that guy.
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7 February 2025 | 6 replies
Just recently listened to a podcast on mid-term rentals specifically for traveling nurses but could also include corporate professionals or large-scale construction project workers.
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13 February 2025 | 160 replies
That includes compounding returns basis.
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27 January 2025 | 29 replies
Many coaching programs include group sessions, masterminds, or events where you can connect with other like-minded investors.
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31 January 2025 | 4 replies
., I think there's a lot to building a "community" like feel for your tenants that may include events, giveaways, etc., to get them to engage with you and elevate their living experience.
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20 January 2025 | 0 replies
Updates include a new septic system, wall-hung boiler with radiant heat, and a remodeled kitchen with new appliances and an island.
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3 February 2025 | 14 replies
You can include moving and storage costs in the charges.
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6 February 2025 | 9 replies
Because it is an investment property, you would pay all fees, including appraisal.
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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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13 February 2025 | 9 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.