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10 January 2025 | 8 replies
This includes credit, criminal, and rental history checks for all parties.
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11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.
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11 January 2025 | 2 replies
@Polat CaglayanI've never seen a formula but here is a general rule of thumb for multifamily:The class of an apartment refers to the quality of the building, which can be determined by a number of factors, including age, location, and condition: Class A: These are the highest quality apartments, typically built within the last 15 years.
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19 January 2025 | 46 replies
Many billionaires and celebrities own property there, including lots of Americans.The infrastructure is top notch.
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14 January 2025 | 5 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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9 January 2025 | 6 replies
We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
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13 January 2025 | 25 replies
i have an LTR portfolio in 3 states including CT and PA.
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11 January 2025 | 11 replies
Our total invested into this property is 1.14 million among 10 investors (this amount does include a 250k seller carry loan to be paid off by the 2 of the investors over 5 years).This property was up and running starting December 15 and we have had it pretty booked since then.
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13 February 2025 | 35 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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18 January 2025 | 15 replies
I’ve used several others, including free services when I was starting out.