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10 February 2025 | 29 replies
I would have already filed lawsuits - if you know of 10+ typically there is more, and those who get in line first get to eat first - you do not want to be like the guy in office space and sit around and do nothing and not be the one to get a piece of the cake.
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1 February 2025 | 17 replies
Single-gender homes are only for transitional housing (like soberliving houses, halfway houses, etc).
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25 February 2025 | 4 replies
Homes currently up for sale in the area are about $250,000 for a 3beds/2bath and roughly 1300 SQFT.
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27 January 2025 | 6 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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22 January 2025 | 20 replies
Quote from @Isaac Terry: I was looking at homes in Akron & Clevand, they are affordable but since I'm out of state I'm not sure about pulling the trigger on investing.
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21 February 2025 | 10 replies
Not sure what you've experienced, but we've found many contractors at Home Depot.
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21 February 2025 | 4 replies
Typically companies like this actually want stuff like this reported so they can see if its a bug or what is going on with their system.
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2 February 2025 | 2 replies
there is no bank, no mortgage, and therefore no due on sale clause.if there is a mortgage in place, and you take the payments over, this is typically referred to as subject-to or sub2 and is much higher risk for everyone involved.
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26 February 2025 | 7 replies
I keep either music on inside my home or the TV.
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3 February 2025 | 2 replies
Typically someone who was communicative turns distant, unresponsive, blows you off when you're trying to talk to them in person, and the tall tale sign of boxes in the hallway.