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29 January 2025 | 31 replies
Please feel free to contact me if I may be helpful to you.
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17 February 2025 | 61 replies
That would free you up to do more prospecting and more deals.
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15 January 2025 | 10 replies
Take a bit of that money and invest in learning - go to meetups and the many events that take place related to investing in the city - some for free and some paid.
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13 January 2025 | 11 replies
-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
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21 January 2025 | 18 replies
Feel free to reach out if you need any help.
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22 January 2025 | 31 replies
Wholesaling can be a great way to learn a market and build capital, but holding rentals can provide steady cash flow and equity growth over time—especially in markets like Detroit, where entry prices are lower and rents are solid relative to costs.If you’d like to learn more about navigating Detroit, feel free to reach out—I’m happy to share some resources or insights from my experience.Best of luck in whichever direction you choose!
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27 January 2025 | 9 replies
If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.
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21 January 2025 | 7 replies
An LLC is not free.
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16 February 2025 | 71 replies
Feel free to reach out to me to discuss what we've learned.
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15 January 2025 | 3 replies
And then do a cash out refinance of the debt free property.