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14 January 2025 | 25 replies
I closed on one in SC last month and just completed this future booking conversion process.Firstly, I would like to double down on everything Andrew Steffens mentioned 1000%.
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19 January 2025 | 42 replies
One last follow-up question.On one of the IRS forms, I found the language pasted below.
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5 January 2025 | 31 replies
Please DM me your email address and phone number if you would like to be included.
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15 January 2025 | 2 replies
He’d likely play the role of buyer’s agent, contractor, and rental listing agent—something we successfully did last June.
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29 January 2025 | 10 replies
I did see their price had gone up as the last time I did look it was the $99 price.
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16 January 2025 | 2 replies
Materials have increased more than 20% in the last 5-8 years.
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11 January 2025 | 0 replies
The new figures indicate Texas is still in the midst of a population boom, with the state adding over 2 million new residents since 2020 when the last official decennial census took place.
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8 January 2025 | 9 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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19 January 2025 | 27 replies
I'd tell the tenant they are clearly not happy in the house and tell them they are welcome to break the lease (this is the last offer).
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12 January 2025 | 8 replies
I just bought a lovely 8 unit last April that had been horribly neglected but have turned it around and done some cosmetic renovations and increased rents.