Polat Caglayan
C class or not how can ı understand
11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
I'd be happy to provide some recommendations and suggestions for your situation as a foreign citizen living in Miami.First, it's important to have a good understanding of the local real estate market, including pricing trends and neighborhood dynamics.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
The minimum sheen I would use for any rental is satin (Very rarely eggshell).Does your rate include cleaning fees?
Josh Buchanan
Any reviews of RentRedi?
19 January 2025 | 51 replies
I currently have 7 rentals units ( two three unit properties, an investment condo and a garage space) Currently I accept many forms of payment including Zelle, Venmo and paper checks.
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
They could include things like waivers for documents and appraisals, relaxation of underwriting standards and money to fund repairs.However, there are benefits for people who just live in the areas, but aren't directly impacted.
Shayan Sameer
Advice Needed: HML vs. Business Loan or Credit for Fix & Flip Projects
9 January 2025 | 6 replies
We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
I recommend you include some of your key qualification criteria in the advertisement.
David Young
Questions From a first time Investor
29 January 2025 | 12 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.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
I also do not stop marketing unit including open houses until i have a holding deposit.