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17 January 2025 | 22 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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21 January 2025 | 31 replies
I had to have Anderson re-do one of my LLC's from the other guys to save me money in annual state fees ..I look at it this way, as long as my business/investment income covers the costs I don't have a problem paying for reliable - worry free information and work.
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11 January 2025 | 1 reply
I often have tenants who don't pay the last month's rent because they think the security deposit will cover what is owed.
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14 January 2025 | 19 replies
Since MTR is similar to both in different ways, you'll need a custom tech stack to cover all your needs.
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11 January 2025 | 9 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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16 January 2025 | 19 replies
While real estate values do rise over time, if you can't cover your bills during the downturns to get you into better times to sell, you are likely to lose money.
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15 January 2025 | 11 replies
Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.
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11 January 2025 | 15 replies
Yes, I realize it was the first time, that is why I would cover the cost in an effort to be a good landlord and not discourage my tenants from reporting future issues.
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13 January 2025 | 8 replies
A fair entry point seems closer to $225,000-$250,000, but the terms of financing could justify going slightly higher if cash flow can cover the payments.
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19 January 2025 | 51 replies
The website looks like it covers all of this, but I haven't seen a lot of talk about it.