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7 October 2024 | 16 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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5 October 2024 | 7 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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3 October 2024 | 29 replies
Building relationships and learning from others can help avoid costly mistakes and ensure the property will cash flow or break even in worst-case scenarios.Good luck!
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3 October 2024 | 3 replies
You also should have better screened the PMC before hiring them - a common mistake!
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4 October 2024 | 9 replies
In my opinion, it's better to make mistakes starting out on duplexes and 4 units than buying a 20-unit after saving up a bunch of money and making a lot of mistakes because you have no operational experience since it's your first one.
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4 October 2024 | 11 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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4 October 2024 | 8 replies
It seems to have the worst of both worlds.Do you have a ton of other assets that could be attached if sued?
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4 October 2024 | 4 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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3 October 2024 | 7 replies
We're not in the area but I would suggest looking into a mentorship/coach that can help you grow and not make all the mistakes others did before you.
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3 October 2024 | 1 reply
Stay consistent, stay humble, and don’t be afraid to make mistakes—that’s where the growth happens!