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2 January 2025 | 6 replies
I am also in Cincinnati and I did speak with True Home Ohio (https://truehomeohio.com) and they seemed to be somewhat reasonable except I believe they take a flat fee of $105 per door so depending on how much rent is for that door it could be cheaper or more expensive but their other fees I thought were very reasonable.
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28 December 2024 | 19 replies
I think you can definitely run into a potential guest using that against you in the near future and opening the door for liability.
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7 January 2025 | 11 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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5 February 2025 | 69 replies
So many of the builds I've visited, some multiple times, seem to be frozen in time: the homes are dried-in (roof paper, windows and doors), tiled floors, drywall installed, and then a dead-stop.
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21 January 2025 | 31 replies
I want a professional that knows more than I do... or what am I hiring them for.
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30 December 2024 | 5 replies
Entire door is apx. $550.
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5 January 2025 | 24 replies
have a rental next door to your SFH would likely mean being next to a delapidate SFH.The aids health foundation has spent over $40m trying to get this to pass.
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6 January 2025 | 5 replies
I have about 4 doors here in Columbus, Ohio in Hungarian Village and Southern Orchards that are renting about $1375 a unit for 3 bed/1 baths.
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6 January 2025 | 15 replies
-Doesn't want to use one agent-Thinks agents just use Zillow and open doors-Wants off-market deals under 10% market price despite insulting same agent and wanting to use multiple at the same time-But no rush to buy, no timeline-Also open to multiple types of homes and within a few hour radiusI am sure you won't like my post but I like being honest on here.
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5 January 2025 | 9 replies
You'll need at least 125-150 doors to make a decent living, but you won't be able to afford much help.