17 November 2025 | 11 replies
Run a graph and show the $/unit on the left Y-Axis while plotting $/rsqft on the right Y-Axis so you can see the relative prices per pound to make sure your purchase price is in a reasonable range of the comps.
23 November 2025 | 5 replies
I did have long term tenants like this and sent them a whole list of VA and age related help which they never applied for so you can point them toward community resources but people will do what they will do.
10 November 2025 | 8 replies
@Chris ChaffinI can relate to how you’re feeling!
11 November 2025 | 13 replies
Plus, studying up on numerous resources and talking with numerous investors will give you a broad perspective on the many approaches to REI (as opposed to getting the relatively narrow perspective of just one mentor who has just one approach).
25 November 2025 | 19 replies
Additionally, several cities in the Northeast remain relatively resilient amid the current real estate slowdown compared to many other U.S. metroshttps://www.fastcompany.com/91447365/housing-market-zillow-h...
7 November 2025 | 3 replies
That clause gives the PM the right to be compensated if a sale happens during their management term, especially if they’re still coordinating access, inspections, appraisals, repairs, or tenant-related issues during the process.
12 November 2025 | 5 replies
Lots of growth and relatively low price points.
6 November 2025 | 10 replies
So, if you fail to apply the correct assumptions to a property, your expectations won’t be met, and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.
14 November 2025 | 7 replies
Good morning, A non-related party can certainly function as a qualified intermediary, but you need to be very careful.
12 November 2025 | 9 replies
Instead of focusing on their operational discipline to whether the storm (they let go of folks that had good client relations such an Allison Edger in 2023 during this ramp up ).