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26 February 2025 | 5 replies
The simple answer is NO.
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7 February 2025 | 2 replies
With this being our first property though, would a business bank account just be more of a hassle since we want a joint account with no fees?
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12 February 2025 | 43 replies
I have had some responses but still no consistency.
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20 February 2025 | 7 replies
I asked them if they would consider that and they said no.
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17 February 2025 | 4 replies
As far as a DST goes for replacement property, it can be a great potential solution for those who are no longer interested in the traditional responsibilites of ownership any longer or who may be having a difficult time finding adequate replacement property or properties.
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23 February 2025 | 1 reply
The quick answer is no, but best to read this article as various states have certain requirements: https://www.zillow.com/learn/do-i-need-an-agent-to-sell-my-house/
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10 February 2025 | 12 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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10 February 2025 | 24 replies
What you can't do is adjust that amount to different tenants because if you gave it to someone else for 1725 or less even though you said 1800 and them NO to them for 1725....do that enough times and that may cause them to think you are discriminating against sec8 tenants.
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24 February 2025 | 16 replies
No only one exit in past 36 Im more interested in buy and hold.