
27 December 2024 | 4 replies
I second Transunion as a decent screening tool.

30 December 2024 | 7 replies
Someone that is more aggressive, may want lesser even though skin in the game.

29 December 2024 | 5 replies
And yes, any decent PM company should have relationships with reliable eviction attorneys.

31 December 2024 | 9 replies
You have decent cash flow that you'll continue to accumulate, which you could put toward a deposit later for another property.

25 December 2024 | 5 replies
My strategy (at the time) was to aggressively pay down my mortgage, and the recast allowed me to reduce the monthly committed amount.

11 January 2025 | 420 replies
If you don't want to be as aggressive you can pay just want your PMI payment was towards your HELOC and still save quite a bit on what many feel is wasted money for the mortgage payer.

25 January 2025 | 155 replies
Knowing that if you find a deal that the team is looking for, you can get it off your plate quickly and make decent money.

25 December 2024 | 11 replies
house in decent condition . no application / no interest so far.is that make sense?

1 January 2025 | 14 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.

27 December 2024 | 13 replies
Assuming these are in decent areas, this is the best solution.