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18 July 2024 | 3 replies
In addition, the statute does not prohibit you from increasing your security deposits for new tenants between now and July 1, 2024, or even for existing tenants before July 1, 2024.Second, nothing in the statute prohibits a landlord from requiring and increase in the security deposit, each time the landlord increases the monthly rent, provided the security deposit does not exceed one month’s rent.Third, a landlord may still require two month’s rent as security deposit, after July 1, 2024, if the landlord has no more than two residential dwelling properties that include no more than four dwelling units.
19 July 2024 | 6 replies
Green Bay is great, no need to look into Milwaukee.
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19 July 2024 | 19 replies
: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+, 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, 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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18 July 2024 | 0 replies
I’d love to get this group’s thoughts on what to do with 3 acres of undeveloped land (no septic, no water) in the Texas Hill Country that I plan to eventually pass on to my children (read: never sell because it’s family land).
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18 July 2024 | 23 replies
There is no mileage requirement.
19 July 2024 | 4 replies
No.
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18 July 2024 | 1 reply
s via chat - absolutely no conversation.
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18 July 2024 | 4 replies
No I would not.
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15 July 2024 | 1 reply
One of my biggest feature is listing syndication to zillow and 1 stop shop management.