Apryl Skahill
How to get spouse on board?
28 January 2025 | 19 replies
- Weekday activities: What time do you wake up?
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.
Franklin Marquette
Renter's Insurance Liability Requirements
22 January 2025 | 5 replies
I manage 400 rentals and the most significant claim ever filed was a kitchen fire that cost $20,000.
Duarte Marques
Is it possible to get DSCR Loan without credit score and other factors?
2 February 2025 | 9 replies
Leverage will be reduced from the max available, reserve requirements increased and, typically, you would be required to use a professional property manager.
Rob Hilton
Dynamic Pricing leads to Accusations of Price Gouging in JT
29 January 2025 | 11 replies
My guess is there are some STR owners or managers genuinely unaware their current pricing exceeds the price gouging thresholds until it is brought to their attention.]Will PriceLabs and other dynamic pricing tools- respond quickly and appropriately to these issues?
M Amin
Asset Protection for Rental Properties
29 January 2025 | 1 reply
Use Series LLC to handle management activities, including collecting rent and signing leases.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
No management costs?
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
By the time I got to the closing table, instead of me bringing a check, they gave me a check.Fast forward to today, it has more than doubled from appreciation and cash flows a ton, and I was able to get a great property manager in there to handle EVERYTHING.
Benjamin Jones
Is anyone investing in Japan?
25 January 2025 | 24 replies
I'm barely competent managing rentals in my backyard in NC.
Joel Oh
Anyone owns OMG category?
13 January 2025 | 12 replies
I requested a few days ago on several properties and am waiting on their decision.