Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
@Keri Win how much time do you think you'll have to invest to learn how to properly manage your rental?
Loan Nguyen
Cash Flow is my issue
1 December 2024 | 25 replies
: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.
Joseph DelleFave
Buying real estate with little to no money down using creative finance
23 November 2024 | 4 replies
As long as you're making payments on time and have proper insurance on the property, banks are happy and don't want to call a loan due.
Steve K.
Property Management recommendations for Palm Coast, FL
22 November 2024 | 5 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).
Jamie Banks
Baselane - Banking Solution for Landlords
25 November 2024 | 36 replies
Or are these two completely separate things that do not coordinate together?
Albert Johnson
Can a tenant break the lease for health issues?
20 November 2024 | 9 replies
It has to be handled in the proper way.
Evan Price
Should I Place Tenants in My Duplex Before Listing On the Market? 44120
26 November 2024 | 15 replies
Some buyers don't want your tenants who may or may not have been screen properly but some buyers like the attraction of having income on day one.
Garrett Kula
New Real Estate Investor in Chicagoland Ready to Learn
25 November 2024 | 6 replies
Additionally the suburbs have higher taxes compared to Chicago proper.
Karl Kauper
Worst-Case Scenario Eviction - Massachusetts
21 November 2024 | 10 replies
.), please describe for me the worst-case scenario for an eviction process if the tenant refuses to leave at the end of a lease term (assuming I do everything properly according to MA laws)?