Noyessie Hubert
Tenant not paid rent, step for eviction
7 February 2025 | 10 replies
.- still did not receive the check from the NJ Victims of Crimes office.At this point, I want to file for eviction at the end of the month if she delays the event by 1 day to pay her entire rent ( January and February).My question to you professional is, should I inform her of that decision in advance?
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
Most 401ks give you 30 or 60 days to pay back a 401k loan or they count it as a withdraw and that is a taxable event.
Xavier Perera
Seeking advice starting out as a 21 yr old (Starting from just me)
7 February 2025 | 8 replies
If you initially end up needing to raise rents I like to do them one at a time to minimize potential turnover from happening in multiple units at once.
Jeffrey Duck
Who am I required to return the security deposit to?
4 February 2025 | 4 replies
Deposits will not be returned (full or partial) until all tenants move out.If Tenant A didn’t come to you to get part of the deposit back they may have gone to tenant B, but they most likely walked away from it and I feel it is between tenant A and B to sort it out.Personally I would return it to tenant B, the active tenant in the current active contract.
Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
As a super-host going back over 14 years, I know how important it is to have a great experience.
Nicholas Wright
Looking to Meet investors in Kansas City!
31 January 2025 | 17 replies
Thanks for coming out and joining us - we have some new events and workshops and training that we will be adding shortly - look for a couple of virtual workshops a month and a get started training program to be implemented before the end of the year.
Kyle Carter
New company in area
9 January 2025 | 4 replies
But for raleigh apple was not the only reason for the bump in prices.Taking a step back tho some people already touched on it.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
Nick Henry
Appreciation or Cash Flow Focus When Starting Out
3 February 2025 | 32 replies
I have been going back and forth between an appreciation focused investment versus a cash flow focused investment.
Daniel Grantz
Best markets for cash flow
3 February 2025 | 25 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.