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10 October 2024 | 24 replies
The biggest problem I have encountered is sellers remorse.
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12 October 2024 | 25 replies
Hi Frankie, If your looking for the biggest bang for your buck there’s strong section 8 government guaranteed Cash Flow all over Detroit.
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10 October 2024 | 11 replies
My biggest struggle right now is determining whether to buy a house outright with my HELOC and then refinance it in hopefully 6-12 months or do I use a smaller part of my HELOC for a down payment and try to get a traditional loan for the rest of the payment?
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8 October 2024 | 23 replies
Oxford House (https://oxfordhouse.org) is the biggest "peer run" sober living home nonprofit organization in the world, they lease about 3,600 homes nationwide and is a good model to study as well.
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8 October 2024 | 12 replies
Hey Seth, I remotely manage my 12-doors portfolio in Detroit with similar rental rates.It's definitely not even close to a full-time job, so yes, doing this on a portfolio of 30 properties is very doable.My biggest challenge is doing turnovers.
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7 October 2024 | 2 replies
The biggest challenge I can see for this is that I hear it's a pain in the *** for the seller to go through a local community bank and confirm their income for their approval for a mortgage, and there are local/community banks that will approve 95-100% LTV loans based on how profitable the deal is.
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8 October 2024 | 14 replies
One incentive I have seen people use to get good cleaners is to give them a certain percentage of the rental income (1-2%) plus their cleanings feeds.
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10 October 2024 | 19 replies
Most peoples biggest "out" is if they are unable to get approved for the loan than they may be able to backout without penalty depending on the loan period written in the contract.Like everyone else said, it will really depend on the contract wording.
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5 October 2024 | 15 replies
My biggest problem is ongoing currently: neighbors in the municipality are being rude to my guests.
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6 October 2024 | 11 replies
It’s about 1/2 hour away from Fond du Lac and West Bend, which are the 2 biggest cities nearby.