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3 February 2025 | 5 replies
They're long distance typically so viewing the space in person isn't usually a priority, and this saves you time from having to drive over and schedule facetime tours :)
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18 February 2025 | 21 replies
Hey Matt, if you're considering BRRRR and flips and already looking into Ohio, I'd recommend checking out CLE.BRRRR deals here typically range from $50K to $150K, with a strong rent to price ratio.
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5 February 2025 | 11 replies
Assuming typical water pressure of course.
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11 February 2025 | 15 replies
Typically lender will want to see first paycheck before you close.Maybe rent a room in a house hack (we have one coming up in Little Elm if you can make the drive) save some more money and buy a house.
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7 February 2025 | 25 replies
I told them I wanted nothing more to do with them.Then they sent me a cancellation contract, but their customer service accidentally sent me the wrong one—saying they were going to refund me.
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29 January 2025 | 3 replies
@Gutta Bunni are you advertising your management services?
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8 February 2025 | 7 replies
Do you know how much the typical bills have been in the past?
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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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17 January 2025 | 6 replies
Refrigerators aren’t typically expected in Texas single-family rentals, and it may be the same in Georgia.For other appliances, buying new is usually the better choice.
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29 January 2025 | 4 replies
Looks like a good service but they seem to require a minimum of a 100 doors?