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25 September 2024 | 4 replies
hahaI am a Chicago General Contractor...do you have any tips we might be able to implement to find quality subcontractors?
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24 September 2024 | 8 replies
Avoid Lawson, one of my clients got in trouble bc of their terrible quality issues.
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26 September 2024 | 10 replies
@Joshua DunlapRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?
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25 September 2024 | 7 replies
Check Greatschools.org or Zillow.com for school ratings.Investment Strategy:A-Class Properties: Lower risk, lower return, suitable for long-term investors looking for stable, high-quality tenants.C-Class Properties: Higher risk, higher return, appealing to investors with limited capital who can manage more properties for less initial cost.In summary, choose your investment neighborhood based on your risk tolerance and desired return.
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25 September 2024 | 7 replies
If you do not, you may get bids from contractors that can not be compared to each other because the contractors have a different view of the quality of work or materials you envision.
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23 September 2024 | 13 replies
High likelihood of low maintenance for at least the first 5 years, depend on the build quality of the house.
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27 September 2024 | 16 replies
Arizona and going for quality properties vs. quantity and long term goals and passing on generational wealth.
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23 September 2024 | 6 replies
Having issues with getting quality tenants in the home.
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27 September 2024 | 48 replies
The median price is still just $90k and I wouldn't be surprised to see it double again pretty quickly.The other nice thing about Michigan is property taxes are capped at the rate of inflation with a max annual increase of 5% per year.The biggest drawback of Detroit is tenant quality IMO.
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24 September 2024 | 15 replies
You won't be managing from afar, so find a quality property manager before you find houses.