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13 February 2025 | 22 replies
I know that the west coast has lower cash flow with the higher prices, but seems like you are in a good spot if you can maintain that average.My state doesn't have state income taxes, what a blessing!
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19 January 2025 | 17 replies
This feature is again free unlike other platforms that usually charge per user.
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19 January 2025 | 55 replies
They don’t charge anything for these extra accounts, my tenants pay directly into those accounts.
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30 January 2025 | 13 replies
Most users of VRBO have one single 5-star review, thus our threshold is lower.
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3 February 2025 | 11 replies
The longer term loans would have lowered your monthly payments and decreased the costs.As for rent, each year you need to look at rents in the area to decide how much you will be increasing the rent by.
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28 January 2025 | 11 replies
Tell him that you are running out of funds and you hadn't planned on the extra 20% he's charging on each bill.
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28 January 2025 | 7 replies
There's a lot of suckers who attend these sales, particularly for the lower priced properties and that's precisely who you don't want to be bidding against.
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19 January 2025 | 41 replies
If the value of the furnishings exceed the limit for felony charge vs petty theft you should definitely go up the chain of command.
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30 January 2025 | 7 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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20 January 2025 | 31 replies
If said guru also has a relationship with an LLC creation company that over-charges by thousands of dollars, then it’s obvious why they tell you that you need one!