Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- 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?
Marc Shin
How to market to ideal guests or Avatar during the dead of winter
2 January 2025 | 12 replies
I think for the 2 other attractions nearby, a lot of people I'm assuming aren't needing lodging for the museum and or park.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
You can find them through local real estate investment groups or online platforms.Auction or Estate Sale: If the property has unique characteristics, especially being a large, old Victorian, it might attract specific buyers looking for such properties.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
SFH with three bedrooms attracts more people to live in, some times two families sneak in and parking on the grass can become problematic.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
2 January 2025 | 0 replies
Staging your house well can help you attract more attention from buyers, which ultimately helps it sell faster and maybe for a higher price than an unstaged home (see visual):What Are My Staging Options?
John Kim
Anyone Have Experience with Section 8 in Detroit?
30 December 2024 | 18 replies
If you go into A/B Class the rents are going to be too high to justify doing section 8, meaning market rents are higher than Section 8 is able to pay.If you go down to D Class areas you're going to attract terrible tenants and it will be a nightmare.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
16 January 2025 | 18 replies
Why someone willingly wants to work with a government agency that will slow down turnover, dictate rents and rent increases, and dictate repairs is beyond me.
Ben Hedvat
Single-family residence fix & flip Hamptons NY
16 January 2025 | 0 replies
., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.
Drew Sygit
How Well do DIY Landlords Track Days On Market?
12 January 2025 | 2 replies
PMs can minimize their suffering from unrealistic expectations by showing comparable properties that are on the market for rent and having a discussion with the landlord as to how their property compares and how his property can be more attractive to renters.Landlords are running a business.