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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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10 February 2025 | 1 reply
It's no guarantee but it's a good place to start.
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25 February 2025 | 15 replies
No thanks.what do you use for those 700+?
7 February 2025 | 5 replies
Acting as your own GC is a great way to control costs as you embark on this type of project.
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10 February 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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11 February 2025 | 4 replies
I sent her a message asking if she was home, she said no she left because she was waiting too long and had to get her kids ready for bed.
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11 February 2025 | 21 replies
I will post some progress as I get into the renovation after I close and share more numbers of my cost.
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23 February 2025 | 246 replies
The cost to do so was 50k to join.
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3 February 2025 | 14 replies
If he no longer resides in the home, he is no longer a legal tenant.
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19 February 2025 | 6 replies
That literally makes no sense.Who is at risk of any harm for str's?