
23 January 2025 | 2 replies
Is there any way I can lower the property taxes to the original amount?

29 January 2025 | 10 replies
Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.Will Phoenix economy be depended on this chip factory?

30 January 2025 | 7 replies
If you have a PM that is stealing from you, they probably have all sorts of ways to prevent you from knowing that.I would be surprised if any licensed property manager is misrepresenting the rental amount on the statement.

27 January 2025 | 6 replies
For example he is trying to place a bookcase door to access a small amount of storage from the bathroom.

26 January 2025 | 21 replies
If the receipt says what it cost to do the repairs, that amount should be reimbursed.

30 January 2025 | 7 replies
In other words, you can manage for lease option properties with the same amount of effort that it takes to manage one rental property.

26 January 2025 | 2 replies
One of the biggest challenges for everyone involved is being on the same page about the actual time required for maintenance.DIY landlords rarely properly track their time when it comes to property management in general - tracking their true time invested in maintenance is where they perform the worst.Investors that hire PMCs are rarely any better at understanding the true amount of time maintenance takes.

2 February 2025 | 17 replies
I also keep a fair amount if cash (10%).

3 February 2025 | 15 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.

10 January 2025 | 1 reply
I had a loan officer suggest to do this. I was curious if this is a good idea. It seems like a good idea, but I feel like I am missing something here. I would love to hear other's opinions on this. Thanks so much for ...