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31 December 2024 | 3 replies
Most cities have regular real estate meet ups for investors which is often the easiest way to meet local flippers.
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7 January 2025 | 12 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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11 February 2025 | 167 replies
I would also check tech hubs cities that accept those currencies around town.
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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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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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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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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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18 December 2024 | 5 replies
I dove into real estate as a college student, working in New York City as a real estate agent during the summers.
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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.