Ji Yang
Has anyone done business with Four Peaks Capital?
19 January 2025 | 56 replies
They do not deliver on what they said.
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
Think about questions you can ask to gauge the experience the professional will give you when delivering services.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
I think THIS can be better than a 1031 exchange because the seller will start off with a fresh depreciation schedule in the new property.
Sarah En
First-Time Landlord Seeking Advice on Rodent Prevention and Repairs
3 January 2025 | 3 replies
We deliver our properties free of both (noted as such in the lease) and then contractually make the tenant liable for prevention/termination.
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
Important that you follow the necessary steps, deliver 5 day notice etc.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
Then my second house which was freshly turned had a tenant that up and left after a couple of months and caused excessive damage.
Jorge Abreu
Maximizing Unit Potential & Implementing Effective Fee Structures
28 December 2024 | 1 reply
Give your property a makeover, a fresh coat of paint.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The exterior got a fresh coat of paint, and I added modern fixtures inside to attract buyers.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The exterior got a fresh coat of paint, and I added modern fixtures inside to attract buyers.