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7 January 2025 | 16 replies
The PM called her and said, "It's going to be $800 to replace the garage door opener.
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16 January 2025 | 13 replies
Ironically most people MOVED to the area from somewhere else and then wanted to slam the door shut behind them...
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7 January 2025 | 3 replies
They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.
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14 January 2025 | 25 replies
It was the tail end of high season and while I knew I could get a higher ADR on my own (I own the unit next door and know the market very well), I would have had to make some changes before listing it myself to do better and in this case, time was money.2.
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11 February 2025 | 1681 replies
:Had a call today at one of my Pittsburgh rentals, leak in the upstairs bathroom sink.
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16 January 2025 | 31 replies
If you have just one business it's not too bad(My wife uses it for hers) but it starts to get really expensive if you have a lot of doors and or multiple businesses.
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18 January 2025 | 16 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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10 January 2025 | 10 replies
We have been in real estate for over 15 years, on the rental side we have owned up to 50 doors.
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10 January 2025 | 2 replies
From adding bi-fold doors to creating outdoor kitchens, we design spaces that make the most of Southern California’s weather.These trends not only elevate the homes we renovate but also ensure they stand out in the market.
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13 January 2025 | 15 replies
Greatly increased lending capital by transitioning from a ‘blind pool” fund to a series LLC / syndication model where investors know the property lending deal before committing to any loan and can “pick and choose” whichever loans they do or do not want to participate in.