Chris G.
Drain Field Replaced at Rental Property and Broken Cable Line Responsibility
13 January 2025 | 1 reply
We manage a property that was having drain field issues for awhile, got estimates and had the owner approve one of the vendors.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 21 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.
Rachel Jane
Rent or sell
20 January 2025 | 7 replies
Self managing should be easy, if not then that Realtor can probably help you with the rental side of it.
Jonathan Glumac
Disclosing Sales Agent and Brokerage to MF Development Employer
20 January 2025 | 3 replies
My role with this MF company is to manage the design, construction of the GC's and opening of the properties.
Andria Kobylinski
Boutique Hotel Investing - Financing
16 January 2025 | 13 replies
I'm also having issue with no onsite manager, but in regards to insurance.
Katie Camargo
Are home warranties ever worth it on rentals?
17 January 2025 | 4 replies
You will also discover the warranties don't cover as much as you think, and claims are often denied.Home warranties are so bad that most professional property managers will not manage a property with one in place.
Andy S.
Landlord as Additional Insured vs Additional Interest On Renter Insurance in New Jers
3 January 2025 | 3 replies
Likewise, a property manager should be added to a landlord's policy.From my blog: What does it mean to add your property manager as an additional insured?
Niranjan Sathish
Lancaster City - Short term rental investment advise
14 January 2025 | 5 replies
Start as a co-host and work under a vacation rental management company in the area to learn the ropes.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
We manage multiple MTR units in the Indianapolis area.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
Id appreciate any help, as ex. if i take out say 100k home equity loan and use 50k each as down payments/cloing costs my understanding is i cant deduct the interest?However, if i would take 100k home equity on a renta...