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2 January 2025 | 13 replies
The Suburban markets with New construction offering decent builder buy-down rates 5s %, and selling completed inventory homes to investors is an opportunity we’re pointing investors to, as well as Duplexes outside the city, that’s where we’re finding some of the best options to get closest to positive cashflow with 20/25% down.
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12 January 2025 | 20 replies
You may have some extra costs, like dumpster versus city trash collection or parking lot sealing and striping from time to time, and possibly different building standards if you are doing major renovations, but day in and day out they are very similar.
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4 January 2025 | 11 replies
Hi all,I just found out that my property taxes on my rental went up about $1,000 a month due to a $365k increase in the valuation of my home by the city.
31 December 2024 | 1 reply
Not sure if it can help change our luck with the city)
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30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!
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28 December 2024 | 7 replies
My core investing philosophy is pretty simple, and has done very well across almost two decades and numerous cities:1) Invest in cities with population (and job) growth2) Invest in parts of the city where household income is near the median (or slightly below)3) Invest in properties that provide cash flow from day 1 Thank you for sharing that.
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1 January 2025 | 12 replies
Hi Kendric, Ohio, and other midwest cities are good choices for low-price entry.
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30 December 2024 | 1 reply
When wholesaling vacant residential land (city lots or larger residential parcel in rural areas) how long is the due diligence period?
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15 January 2025 | 34 replies
And now cities in every state are crying about a giant homeless problem.
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1 January 2025 | 26 replies
It is a 3 unit airbnb portfolio with each unit in a different city.