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19 December 2024 | 22 replies
The best way to find a quality mentor is to go to local meetups and meet people.
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15 December 2024 | 2 replies
Strategic Purchase: Acquired a discounted double lot below market value with a $17k impact fee credit.Custom Design: Built a 6-bed, 5-bath home tailored for co-living or multi-gen use, maximizing tenant appeal.Efficient Management: Managed construction, and self-managed operations to minimize costs.Premium Marketing: Furnished the property and used multiple platforms to attract quality tenants quickly, achieving full occupancy.What was the outcome?
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11 December 2024 | 37 replies
They've placed a tenant just recently so it's too early to tell the quality of the tenant.Hope this helps!
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16 December 2024 | 4 replies
Using these, you should be able to get most maintenance issues addressed in less than 90 days.One other thing, different tenants prioritize different repairs.
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17 December 2024 | 36 replies
Quality, experience, knowledge, track record of sponsor2.
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19 December 2024 | 6 replies
However, for me, I would rather just pay someone and not bother with finding tenants, dealing with repairs, etc.
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17 December 2024 | 3 replies
That HE loan would make you cash flow negative on the first property, especially considering you are not even factoring in any repairs, maintenance, vacancy or management.
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16 December 2024 | 8 replies
@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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18 December 2024 | 15 replies
Hoa said that we need to change/repair driveway otherwise we will be fined.
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20 December 2024 | 4 replies
.- Learn how to do your own repairs & rehabs to save money now.