Robert Carmody
Airbnb, VRBO, Booking.com -- Are you using one of them, two or all three?
8 December 2024 | 9 replies
I've seen some recent articles indicating that Booking.com is trying to compete more against Airbnb.
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
: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.
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
Say you got a neighborhood in suburban Georgia with a certain type of industry in the area, well, okay, cool, but you're gonna have a 24-year old recent Berkley graduate still living with their parents to manage the property!
Anton Tikhomirov
Binghamton NY — what’s the catch?
13 December 2024 | 7 replies
I knew a few people that went to SUNY Binghamton (and one that moved back there recently) so I had student housing in mind when I asked the question.
Amit B.
Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
Recently, I received pictures of a water leak in the kitchen ceiling, which appeared to be coming from the bathroom on the second floor.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.
James Mays
Inspection Report - How would this inspection report affect your offer?
7 December 2024 | 8 replies
I recently sold a house and they had a home inspection and they came back with a list and I simply told the buyers , No to any price reduction or the "repairs" .
John Geldert
Looking to start a Real estate Meetup in the Poconos
10 December 2024 | 53 replies
@James Maaba congrats on your recent long term rental purchase, East Stroudsburg is in high demand!
Jason George
Syracuse- 16 small bedroom, motel. Room-in housing. Best way to rent it all out?
9 December 2024 | 4 replies
Hello,We recently bought this 16 bedroom, 4 bathroom motel type room-in boarding house in a low income area in Syracuse.
Alberto Freites
The Miami Market is Overrated?
27 December 2024 | 66 replies
I recently had someone with 7 people wanting to rent a little 2 BR, 1 Ba, ~650’ unit.