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23 January 2025 | 20 replies
But for the people who are motivated and want to get deals done and build the community and level up together, it can be a godsend.
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2 February 2025 | 15 replies
But I highly recommend reading "Who Not How".
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11 February 2025 | 4 replies
Second, I expressed concern over the appraisal rental analysis not being high enough and was told, "We are at a 1.22% DSCR ratio so we are good.”That was on Dec. 5.
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27 January 2025 | 12 replies
Of course my nosey self had to go look up your rental property.
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6 February 2025 | 3 replies
Gutters are a must, I would highly recommend installing them on your property if you dont have them already.
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21 February 2025 | 29 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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8 February 2025 | 6 replies
The other quotes I received were often unreasonably high compared to other properties in my portfolio—sometimes exceeding my current carrier’s increased rate for this property while offering less coverage.
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7 February 2025 | 14 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self-storage in a third, and my real estate company operates in a fourth.
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20 February 2025 | 32 replies
Understanding your top priorities can help in determining whether Stessa, Baselane, or another tool might best fit your needs.If you're comfortable with apartments.co for rent collection but want higher yields on your cash (this is me reading between the lines) you could have the transfers go into a high yield business account like BlueVine 1.5% interest or something like CapitalOne 3.9%.
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9 February 2025 | 4 replies
He found that the moisture levels in the walls are extremely high, indicating significant damage.