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23 January 2025 | 10 replies
It's tempting early on to leverage as much as you can so you can do more deals and keep liquidity, but increased cashflow especially with PMI will make you sleep a lot better at night.
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25 February 2025 | 2 replies
I'm looking for properties to rent out bedrooms and I understand the benefits of just including utilities in the rent, baking it in.
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20 February 2025 | 9 replies
In Vermont we have some associations like Vermont Huts that we rented ourselves over the winter - bring all your own everything and clean after yourself (no water or electricity).
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22 February 2025 | 5 replies
If the commercial space isn't too disruptive, you shouldn't have an issue renting an ADU up there.
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27 January 2025 | 0 replies
That’s a 2.5% increase over 2023 and the strongest sales volume we’ve seen since 2021.
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26 February 2025 | 3 replies
I rented each room on Airbnb as an STR/MTR, it didn’t surprisingly exceptionally well.
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13 February 2025 | 5 replies
Assuming your numbers are accurate, I'm estimating your monthly "rent" or your contribution to the monthly expenses will be about $2,000.
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10 February 2025 | 2 replies
Hi,I typically rent my 3-bedroom property through a short-term rental platform, but I was recently contacted by an insurance relocation company looking to place a family in temporary housing while work is done on their home.
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23 February 2025 | 2 replies
Is it worth paying their annual subscription fees and do their 30-day rent guarantee mean anything if they aren't refunding the payment?
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15 February 2025 | 10 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.