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20 November 2024 | 13 replies
.$100k for a 2/2 is high for the City of Detroit, unless at least Class B.So, you should take time to understand the NEIGHBORHOODS in the City of Detroit.You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseContact us with any other questions:)
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18 November 2024 | 1 reply
AI - Machine learning capabilities can help you calculate market rents, find comparable properties, and identify lucrative investment opportunities.
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19 November 2024 | 21 replies
They are very professional, reliable and informative.
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18 November 2024 | 2 replies
Compare those owners with younger owners who have higher incomes and more desire to build large reserves for the future with the older folks who won't see the future and you can see the problem.
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19 November 2024 | 14 replies
If you have enough unit it will make sense to have cleaner on your payroll but to starting off, most common sense is to find a very high quality, reliable cleaner that works with your budget.
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20 November 2024 | 45 replies
Compared to a mortgage broker that adds on so many fees for the same loan.
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20 November 2024 | 22 replies
No matter the market run your numbers and make sure it makes sense for that local area compared to what you can expect.
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16 November 2024 | 5 replies
You can win most tax appeals when your taxes are just out of whack for comparable properties so if you can find examples of similar properties with lower taxes, that is the only way you will win.
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20 November 2024 | 23 replies
I’m most familiar with CodeBox, which we use exclusively for our properties and have found reliable.
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21 November 2024 | 12 replies
If you are buying turnkey, buy under-value compared to comps.