22 January 2025 | 14 replies
They legally have to have this document filled out if they pay you more than a certain amount over the period of 12 months.

21 January 2025 | 8 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.

22 January 2025 | 2 replies
There is an abnormally low amount of new construction occurring on the coast in comparison to the demand and the existing inventory can be quite dated, especially for those coming from areas like California.

23 January 2025 | 52 replies
Yes I am complaining but I am in the boat of I do not see it worse than before, it has changed an AI has it being so obvious and I saw an AI post the other day from someone who has an excellent reputation and had a good amount of responses and left it, but I know it was AI based on the structure.

21 January 2025 | 20 replies
The buyer representation agreement states that the buyer commission amount offered by the seller (usually 2% to 3%) is credited/refunded to the buyer.

19 January 2025 | 1 reply
It is somewhat complex to try to explain on a forum, but at a high level, you (aka GP) and your family member (aka LP) would agree on how much the 2 of you would put in for the amount of equity needed (usually expressed as a %).

7 February 2025 | 49 replies
Wow police that's outrageous. what we do in Orygun is flaggers are all women owned business's and that's how the contractors are able to maneuver city state contracts that require a certain amount of minority owned business.

18 January 2025 | 12 replies
It's hard to say offer amount without knowing the rehab part since that could blow this out the water.

15 January 2025 | 11 replies
Proportional leverage (like 27% LTV) isn’t specifically required, but if you don’t reinvest the full amount or fail to replace debt, the difference will be taxed as boot.

30 January 2025 | 62 replies
BECAUSE if she quit she wouldnt get unemployment on top of the absurd amount of benefits she was getting . ( the amount she gets is between $50k and $70K based on what she showed a coworker) .