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4 February 2025 | 7 replies
Yes, they can dispute the charge and then the CC company will have to open a dispute that you will have to answer to attempt to get your money.
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18 February 2025 | 4 replies
Right after I closed on that one the insurance company demanded I make a couple thousand dollars of repairs.
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31 January 2025 | 8 replies
As you can see we are still cleaning up a few major things, so we probably can't work on that right away.
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26 January 2025 | 13 replies
We currently use Hospitable for 12 properties, and it's working fine, no major issues, and I know they've been expanding with new features.
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22 January 2025 | 20 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.
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23 January 2025 | 26 replies
That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you.
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8 February 2025 | 5 replies
1st step is to make sure that the electricity is rated for having electric heat by the electric company.
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21 February 2025 | 10 replies
Right now, the majority of lenders are hitting DSCR loans hard, which is a strong indicator that the BRRRR method is still going strong, even in a higher-rate environment.We always say, “Date the rate, marry the property,” meaning interest rates will fluctuate, but the right deal will always make sense long-term.
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18 February 2025 | 7 replies
Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some property mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?
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18 February 2025 | 3 replies
Hi everyone,I’m a Real Estate Advisor for a company that provides turn-key investment properties for investors who want to own assets but prefer to avoid the day-to-day management.