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29 January 2025 | 3 replies
What percentage of gross revenue does an owner typically keep if they do employ a property manager?
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6 February 2025 | 4 replies
I am currently a sales manager for a commercial tree farm and have recently been consuming Kiyosaki's books like they are candy.
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19 February 2025 | 3 replies
I'm a Realtor, property manager, and investor in San Angelo.
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31 January 2025 | 7 replies
However, there's a critical detail that many tax advisors conveniently overlook when promoting these studies.Here's the uncomfortable truth: If you're a high-income earner (AGI > $150,000) and not actively managing your properties, those promised tax savings might be locked away for years.
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29 January 2025 | 10 replies
Consider starting with house hacking to reduce housing costs while learning property management, or explore mid-term and short-term rentals for steady or higher income.
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5 February 2025 | 15 replies
I used to help manage 30+ STRs in the city with a McSwain Management.
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5 February 2025 | 2 replies
Instead of a co-host can you just get a property manager that specializes in it?
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6 February 2025 | 58 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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28 January 2025 | 6 replies
Investing in real estate in actually starting, managing, and marketing a company.
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4 February 2025 | 6 replies
We play matchmaker, put our clients first in all arenas, and also manage.