Rebekah Keller
Would you invest $50,000 in Detroit ?
16 August 2019 | 54 replies
That's not even factoring in the large numbers of persons with violent felonies and drug histories that would be "challenged" in finding employment in any situation.Now there are these things called renaissance zones, or at least there were when I lived in Metro Detroit.
Account Closed
What to look for in tenants and what to avoid?
25 July 2020 | 6 replies
I use the same type of requirements stated above, but I have added that applicants must agree that there will be no smoking on the property, and applicants may not have violent felony or drug convictions.I also added 'rule out' requirements that disqualify applicants.One rule out is if they make an appointment to view the property and do not show up or cancel the viewing two times.
Aaron Dixon
Tampa and Rising Sea Levels
15 July 2023 | 83 replies
I've seen hotter summers and more violent storms in Houston and a few years in a row of very mild winters in Maine.
Craig Hormes
Section 8 Housing: Great Idea or dangerous in the current market?
24 April 2020 | 80 replies
Some have been violent drug dealers who commit arson and prostitute their children, and moved out because they were running from other drug dealers.
Kevin Harrison
smokers?
29 December 2015 | 81 replies
We are now VIOLENTLY non-smoker and wish we would have done this years ago.
Darrell Bazemore
Infinite Banking? Do or Don’t
19 November 2020 | 19 replies
One of the worlds top experts on infinite banking.I’ve done a regular whole life policy & it’s now aged & primed to borrow low rate policy loans against it.I’m not doing more personally as I got attacked with a $500k+ debt bomb a couple years ago that was not in my control right as we are facing a violent economic storm & dollar currency collapse.I recommend people move assets they don’t want to lose & grow into silver & crypto!
Michael K. Smith
Class C neighborhoods
7 January 2020 | 25 replies
In 2005 (when everyone can get a mortgage), class A rents and occupancy were dismal because their tenant base were buying homes"D" and "F" areas are way tougher than "C" and even though I made money in D and F, I don't recommend them for the newbie investor.For perspective, here's how I would classify the areas:A - upper middle class/ income way above median/ very low crime/ best schoolsB - middle class/income slightly above median to median/ low crime/ good schoolsC - lower middle class/median to slightly below median income/median crime/ok schoolsD - lower income/high crime/one house every other block is boarded upF - lower income/90% of violent crimes happen here/ every other house is boarded up
Account Closed
Alternate strategy for mitigating risk on investment properties.
10 January 2020 | 47 replies
I’m of the opinion that collective modest cash flow that fluctuates violently across different investments is acceptable, if not more desirable, if it allows for more opportunities within appreciating markets.
Wendy Stclair
Baltimore - a path to never-ending pain
8 September 2023 | 27 replies
@Wendy StclairI use a software called rentfaxpro it gives violent crime rates, school test results, income and education levels etc.