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14 January 2025 | 21 replies
Realtor – Someone that understands what an investor is looking for, knows the investing landscape, areas to invest, and is willing/able to show lots of houses before the right purchase is made.3.
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7 January 2025 | 16 replies
Regardless when that edit was made to the contract , they can still use that against you as a landlord breaching contract.
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3 February 2025 | 47 replies
Even on my own properties, I’ve seen insurance rates drop a lot, and that makes a huge difference.Rents dipped about 10% over the last year, which made everything look worse than it really was.
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8 February 2025 | 49 replies
I made alot of mistakes that first project.
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11 January 2025 | 7 replies
Net Sale - Is the contract price, minus the closing costs and commissions.adjust cost basis - net sale = net gainYour gain is made up of profit and depreciation recapture.
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16 January 2025 | 12 replies
You'll have tenants that don't pay, damages made, and potentially other disasterous situations occur on your properties.
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15 January 2025 | 14 replies
This was my first investment property and I had a poor inspector who missed all the electrical and even though the roof had about 5 years left my insurance company made me do that.
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9 January 2025 | 5 replies
Every Market (Detroit) is made up of a series of Micro-markets (neighborhoods) of which they are all different in cost, value, cash flow, rents, etc...
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6 January 2025 | 2 replies
I just finished The Book On Rental Property Investing by Brandon Turner, and it made me even more excited and determined about getting into this business.
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17 January 2025 | 19 replies
This made it much easier for them in terms of moving as they didn’t have to be rushed.So I don’t “advertise” any incentives, but I do what I think is reasonable if I think they will be good tenants.