Matt Powers
Where to start investing in real estate?
15 January 2025 | 33 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
Dina Schmid
Misreprentation (or error?) of Lot Size, City and Zipcode on MLS
28 December 2024 | 11 replies
But you may check if you have to right to object to certain title or survey matters.
Gene D Stephens
Experience with Adverse Possession?
30 December 2024 | 7 replies
If your objective is to reduce your own tax burden, you are in essence confirming they have no valid AP claim.
Mackaylee Beach
Have you accomplished your investment objectives for this year?
17 December 2024 | 1 reply
Whether you're aiming to expand significantly or just add a couple more, it's always exciting to consider new opportunities. Diversifying your portfolio can provide stability and growth potential, especially if you ex...
Michael Perrotti
Heloc or Refi for debt & New Home Purchase
19 December 2024 | 6 replies
Keeping a 2.99% rate sounds great, but it may be costing you thousands of dollars if you are in the double digits with your other outstanding debts.
Nadia Jones
CRE Fund vs JV: Seeking General Information and Guidance for Setting Up
26 December 2024 | 2 replies
A JV structure is good for a one-off deal because the only commitment you have is to the investor(s) and that individual project or deal.So in part, the answer to your question depends on what your objective is.
Vanessa Lule
Negotiation Tips for Airbnb Arbitrage + How do I Present My business Plan?
30 December 2024 | 7 replies
You need to look at it from the property owner's angle, and reverse engineer the problems & objections that are going to arise, such as:1.
Makan A Tabrizi
Nail/Screw Holes in Walls
22 January 2025 | 39 replies
Where I'm at, nail holes to hang objects are considered normal wear and tear.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
Keep one mailing address and opt to receive digital notice to one same email account that you monitor.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Both are digital-first banks with minimal fees, and Mercury in particular offers free domestic and international wire transfers for most account holders.