Jerry Zigounakis
Best Growing Markets To Invest In
29 January 2025 | 14 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.
Shawn McCormick
Non Renewal form
15 January 2025 | 1 reply
I'm in Florida and self manage and can't find this type of form in the PRO member landlord forms package.
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners.
Deanna B.
Is Real Estate a Better Bet Than Treasuries in 2025?
29 January 2025 | 3 replies
For investors looking to maximize returns while managing risk, here’s why this type of deal stands out compared to Treasuries.Treasuries: Safety with Limited UpsideTreasuries are an attractive option for those seeking safety, especially short-term bonds with maturities of one year or less.
Jim Stanley
Worth it to use insurance for a repair.
23 January 2025 | 9 replies
My property manager called (I live in Denver) and told me they got it turned off pretty quickly, but a whole wall's worth of drywall was damaged.
Spencer Dixon
Property manager recommendation
20 December 2024 | 4 replies
Start by going to www.narpm.org to search their directory of managers.
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
Is it Leasing, Property Management, Vendor Management, Operations, Finance, Accounting...
Cathy Ries
Is it worth tax planning before acquiring rentals?
3 February 2025 | 8 replies
If one of you actively manages the property, pursuing Real Estate Professional Status (REPS) could unlock full deductions against W-2 income.
Linda Thomas
security deposit deductions letter
2 February 2025 | 5 replies
Learn how to manage better.
Al Boettger
Residential Assisted Living
28 January 2025 | 42 replies
Do they use pen and paper to record this information or do they have some sort of software to manage it?