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5 January 2025 | 33 replies
Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.
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27 December 2024 | 2 replies
After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.
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10 January 2025 | 17 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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6 January 2025 | 8 replies
I'm not as familiar with Cincinnati, but I have seen many headlines about the city's growth.
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11 January 2025 | 15 replies
Florida also have many more high end places than Oklahoma (we are much more of a blue collar city in my experience).
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31 December 2024 | 13 replies
A lot of young professionals like this area so furnishings should be modern and "upper-middle end", if that makes sense.
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3 January 2025 | 7 replies
What if they build just outside the city limits, so they are not paying city taxes?
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6 January 2025 | 5 replies
We haven't even discussed carriers raising their rates due to their reinsurance carriers increasing their rates, your building locations (CA, FL, NY, coastal counties/cities, etc.), how litigious is your state, your own loss history/ratio as an individual investor, the carrier's overall loss ratio in a certain state/area, the deductibles you've elected, etc.
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19 January 2025 | 27 replies
Go to courthouse in city where your rental is, or see if docket is available online, and write down the names of the attorneys with the most landlord-tenant cases.
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7 January 2025 | 5 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!