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31 October 2024 | 12 replies
The property prices are lower compared to other markets, and the rental demand in certain neighborhoods can be pretty strong.Let me know if you want to know anything!
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30 October 2024 | 7 replies
Hey Ben,I get where you’re coming from—sometimes those numbers can seem too good to be true, especially when you compare Detroit to other markets.
29 October 2024 | 8 replies
Independent insurance agents can also help compare rates across multiple providers, and they might have access to options that aren’t available directly.
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1 November 2024 | 22 replies
Some property management can be a big help, but no property management company is going to prioritize the client with one unit compared to all the others who have a lot.
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28 October 2024 | 8 replies
To begin, I am considering renting my primary home because the loan is at a low interest rate, and the cash flow, based on comparable rentals in the area, is promising.
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28 October 2024 | 4 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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29 October 2024 | 16 replies
- **Market Analysis**: Gather data on the local market, including comparable sales, average days on the market, and trends.
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29 October 2024 | 2 replies
Compare and contrast:My long term portfolio is largely remote from me, whereas my STRs are within minutes.
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1 November 2024 | 17 replies
I highly suggest against that and just doing one larger rent increase to $1000, but if you are only trying to do one unit at a time, make sure you don't try to make a drastic increase to all 4 tenants if you can't afford for all 4 of them to be out at once.I'd consider showing them some data on comparable rentals and let them know you are trying to improve the building by renovating the units.
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5 November 2024 | 52 replies
Not a bad source but the leads weren't as good compared to the early days.