Caleb Johnson
Comping Homes in Detroit
18 December 2024 | 4 replies
We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
The pay stubs can be hard copies or digital PDFs generated directly by your employer and sent via email; we cannot accept screen captures to verify income.Once your completed application materials have been received and it appears that you would meet our qualifying criteria, we would send you a link to perform a credit/criminal background check (this minor expense would be yours), and if those results come back acceptable, we would offer to proceed.
Garrett Brown
A very simple way to increase your ROI inside your STR
9 January 2025 | 35 replies
Do you suggest adding a package to my digital guidebook or offering it differently?
Neil Clooney
Real estate mentorship
18 December 2024 | 3 replies
You should be able to get a good feel for their knowledge and expertise through digital resources they provide (webinars, youtube videos, social content) Character - You need to believe they have your best in mind and they prioritize it.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
I think TN forgot these people are coined "Digital Nomads" for a reason, there nomadic as in readily relocate.
John Reagan Johnson
Marketing Your Rental Property
18 December 2024 | 3 replies
Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!
Michelle Fenn
Facebook Rental Listing
20 December 2024 | 6 replies
People can remotely access the homes using your digital lockboxes, if you have them.
Vaughn J Smith
Single family home (former rental) for sale in slow market
20 December 2024 | 10 replies
EDIT: Asking because I would've thought the exact opposite.
Thomas Malone
Anyone experienced with Lee Arnold's system
23 January 2025 | 56 replies
I spent $1,011.97 for Lee's Reverse REO class ($997.00) and his How to Achieve True Wealth (Digital Only - $14.97) Learn the Secrets of The Wealthy and how Lee Arnold built a multi-million dollar private money lending organization on March 2, 2023.
Samuel De Leon
Help on a Bridge loan
19 December 2024 | 4 replies
They are not cheap by any means (expect double digit interest rates) but they are available.