Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

The old "penny wise, pound foolish" idea.

Who is your target demographic if you do an STR?

Personally I scan the MLS every night in my target markets.

In some cases they don't even have a targeted property, but need to run a scenario.

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.

I simply shook my head.Unfortunately social media has made it easy for these bad actors to get in front of their target clientele and it's normally the  clients who have no liquidity, poor credit and very low chances for success to begin with in this business and put these courses/mentorship on their credit cards who fall even further behind. 

Utah is ground zero for these boiler room operations.. just another money grab for those dreamers who think they should be able to do real estate deals with non of their own money... those folks that reply to these are the easiest targets and have 3 to 5k in their credit cards..

To be honest its mostly not for self managers (though I am open to it) - the target is mostly for small PM's looking for help to scale.