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1 February 2025 | 17 replies
Also, there is a need in the marketplace for a co-living PM company that doesn't charge too high of rate.
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24 January 2025 | 13 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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25 January 2025 | 15 replies
That gets worse as you get farther out of the cityTLDR: values depreciate, inflation has gone basically nowhere in Japan for a long time, the supply of housing is pretty good compared to demand (unlike the US) and that's because of flexibility with rezoning and development, taxes on rental income are high.
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11 January 2025 | 18 replies
Look around for some pet food spill that into another big pan so they have something to eat.
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30 January 2025 | 8 replies
Coupled with persistently high interest rates that may last for years, rising insurance premiums are inevitable, regardless of your property’s condition.
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20 January 2025 | 8 replies
However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.
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1 February 2025 | 7 replies
The good news is that it will still serve as a house hack when we move, as there are multiple units on the property.Our concern is that it is in a high fire prone area.
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14 February 2025 | 19 replies
This would depend on if you used a high interest rate hard money loan for the purchase of the property.
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29 January 2025 | 22 replies
Have you explored any potential house hack opportunities in NY, or is the price threshold too high to tackle, and thus, you are considering Columbus?