25 January 2025 | 14 replies
The rental yield is pretty low compared to its value, and selling now while it’s in great condition could help you avoid the stress of managing it or dealing with wear and tear.
27 January 2025 | 18 replies
If you are syndicating or partnering with other investors to fund a Sponsor's deal and you are a company doing this (LLC, partnership) then get a PPM attorney and file with the SEC. 506B is easiest but if it is really risky...then 506C is best.
26 January 2025 | 3 replies
Most likely those would be smaller apartments, sub 50 units.It is harder to find solid property management on the smaller apartments.
26 January 2025 | 17 replies
Assuming that continues and you manage your properties competently people will think you are way smarter than you are in 10 years.
26 January 2025 | 5 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.
24 January 2025 | 11 replies
If you're in it for the long run you'll learn that management makes a good investment into a great investment.
26 January 2025 | 12 replies
(you need to differentiate when a Mark Spain type company is running radio ads to attract business for themselves from it actually helping you out)4) Our TEAM or BROKERAGE has sold "X" homes!
25 January 2025 | 15 replies
I lived there for a couple years and I met this guy who has bought and managed a ton of property there.
26 January 2025 | 3 replies
I am a real estate broker and property manager based in Clarksville, TN and I specialize in working with investors.
25 January 2025 | 18 replies
That's up to my operatione manager.