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15 January 2025 | 5 replies
Off street parking is typically more important for high end/expensive rentals.
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18 February 2025 | 7 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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18 February 2025 | 12 replies
I have launched in markets and have been the unique high end stay.
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24 January 2025 | 1 reply
Look for properties with high cash flow potential, good condition, and room for improvement, such as value-add opportunities.
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21 January 2025 | 1 reply
I am going to buy an apartment in Bali which is in a construction right now and the price is a presale price.
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29 January 2025 | 2 replies
., property management companies aren’t legally required to carry general liability insurance, but it’s highly recommended for protection against bodily injury or property damage claims.
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13 February 2025 | 17 replies
I used to have a two bedroom apartment that I lived in and I would rent out the second room on Airbnb and one time I got a guest and she would leave her windows open.
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16 February 2025 | 9 replies
Looking for one on a high end property in Abilene that needs to be completed.
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15 February 2025 | 14 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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31 January 2025 | 2 replies
If you want to manage your own properties, I would highly recommend buying within an hour of your primary.