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6 January 2025 | 0 replies
The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?
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6 January 2025 | 0 replies
This experience reinforced the need for efficient budgeting and timely execution to ensure profitability.
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5 January 2025 | 8 replies
Multi-family properties often take longer to sell in my experience.
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8 January 2025 | 6 replies
I was hoping to connect will someone with some event venue experience.
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2 January 2025 | 29 replies
Just by having those two traits they are in the top 25%, based on my experience.
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6 January 2025 | 38 replies
Do not deal with any of the individuals mentioned in this thread:https://www.biggerpockets.com/...I outline my experience and many others weighed in.
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13 January 2025 | 17 replies
@Greg Kasmer i have not, im a new investor in the commercial and assumed due to my lack of experience it would be an issue
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7 January 2025 | 4 replies
I’m also based here and have experience with short-term rentals, property management, and work with investors like yourself.
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4 January 2025 | 20 replies
I work with these two:Metro Detroit Property Management - Mark HutterNHL Property management - Howard GenserThere are a tonne of companies and each one has had good and bad experiences, so no one in particular stands out.One part of the equation is that the Detroit market itself is a tough place and is not for the novice investors.Only seasoned and large volume Investors make it successful in Detroit.
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3 January 2025 | 6 replies
@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.