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12 January 2025 | 8 replies
It should be pretty accurate - high level data sites are not always going to be perfect, but should always be directionally correct and AirDNA has a pretty strong track record.
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16 January 2025 | 5 replies
@Nick HulmeMaking improvements to your primary to make it high quality enough to rent above market rents, rent it.
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14 January 2025 | 5 replies
There was a news reporter at the sale and they interviewed the high bidder, who admitted that they had not seen the property, but were certain that they would be building their family home there.
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13 January 2025 | 11 replies
I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.
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24 January 2025 | 18 replies
I like the idea of live in flips, but it's something that I would wait until the kids are out of high school before I did it.
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17 January 2025 | 23 replies
I have sold in California, took the cash and moved out of state (to Indiana) and highly regretted it - I didn't have a real estate investor mindset then.
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17 January 2025 | 10 replies
I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense.
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5 January 2025 | 33 replies
The market has a lot of strong points right now: affordable entry prices, great rent-to-price ratios, and high demand for rentals, especially in the Section 8 space.What’s even more exciting is the direction Detroit is heading.
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14 January 2025 | 15 replies
This is a self directed RRSP or TFSA account that allows you to lend your money out to people with the backing of their mortgage for a high interest rate. 1st, 2nd, 3rd mortgages, down payments, refinances, flipping or renovation money.
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28 January 2025 | 15 replies
Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.