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23 February 2025 | 1 reply
Quote from @Mark Marino: Greetings,I have done rent to owns for years without much marketing/advertising.
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24 February 2025 | 19 replies
They are also trying to rent the home, to no avail.
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24 February 2025 | 15 replies
Also, can you rent out each room for MTR?
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15 February 2025 | 19 replies
The rents were much lower than I originally estimated, which was a bummer.
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24 February 2025 | 28 replies
The current PM had delayed two months of rent payments with all kinds of excuses (that is when he did reply, which was rare).
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19 February 2025 | 10 replies
I have a client who wants to rent his home for 30 days or more, but not full year leases, just a few months at a time.
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7 February 2025 | 5 replies
However, note that claiming additional depreciation will increase, not decrease, depreciation recapture tax (up to 25%) when you sell.Key Considerations (Updated for 2025):1.
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17 February 2025 | 5 replies
You don’t want to add it to the rent and pay it yourself because you’ll lose the “Tenant compares the rents game.”
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24 February 2025 | 2 replies
There is also a 3 car garage in the back, which could be rented separately and room to store an RV in the back as well.
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18 February 2025 | 8 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.