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23 January 2025 | 15 replies
Loss of Use / Loss of Rents: Normally, there is a 20% included limit.
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28 January 2025 | 5 replies
They have nice looking direct booking sites, but I'm more curious about their digital marketing training and crm software included with their package.
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31 January 2025 | 4 replies
., I think there's a lot to building a "community" like feel for your tenants that may include events, giveaways, etc., to get them to engage with you and elevate their living experience.
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30 January 2025 | 34 replies
Just because they included that clause in their contract doesn't make it enforceable.
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17 February 2025 | 40 replies
.: With all of the great recommendations, you would think somebody would’ve included a link or at least gave a price with a few more details.
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17 February 2025 | 11 replies
Other sites that can be successful included Facebook (specific groups you are targeting like traveling nurses or 5th ward housing, etc), Airbnb/VRBO (30+ day stays) and insurance placements like ALE Solutions.
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14 February 2025 | 37 replies
I am on it, but the sellers are not flexible, and they are ahead in this STR game.
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24 February 2025 | 35 replies
Many college degrees don't include learning skills that lead to a specific occupation (eg.
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29 January 2025 | 0 replies
This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.
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6 February 2025 | 58 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.