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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 | 2 replies
Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.
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24 January 2025 | 13 replies
I know from BP podcasts that mistakes are part of the process, but I want to avoid anything that could jeopardize my family’s financial stability.Despite these concerns, I’m ready to dive in!
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7 January 2025 | 13 replies
Follow the lease and the laws in your state and start the eviction process.
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6 January 2025 | 4 replies
@Michael Smythe Great processes Michael!
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9 January 2025 | 15 replies
Mark, I am in the process of completing a HELOC with Wells Fargo.
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15 January 2025 | 10 replies
There are plenty of deals in Philly on and off-market from wholesalers, who are pretty decent in Philly compared to other places.You will need to get your GC license here and learn the permitting process and necessity here as well.
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7 January 2025 | 12 replies
Very tough market for cash flow obviously and remote investing has never been easier
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12 January 2025 | 5 replies
This can be a very long and annoying process and you're not guaranteed to get approved.
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5 January 2025 | 4 replies
Often times, they are priced at market and makes it tough to get deals done with agents.