Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------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?
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
If I create a debt fund that offers 9% interest on first lien notes with a 5-7 year payout, would that be attractive to high net worth investors?
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
Are their listings detailed with good-quality photos?
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
Summary: I’m currently working on a project to analyze rental market trends and help real estate investors, landlords, and property managers identify high-performing areas.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
From the sentiment of your post it seems like you're viewing the buyers as strictly investors when they may lean more towards traditional homeowners looking for a quality of life improvement or an improvement on their current financial situation today.Let's say the buyer pays 465k and has a 5% interest rate.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 replies
I highly recommend.
Scott Goulet
Airbnb: To get a Pool or not in Florida
11 January 2025 | 20 replies
If pool in ground is not an option or not in your budget, a quality above ground one could be a good route to go.I would definitely make sure you have an appropriate coverage.
Joel Oh
salt water hot tub
13 January 2025 | 23 replies
I have an outdoor pool that easily have 1k+ people using it every season and I never had single complaint due to the water quality.
Bradley Buxton
What are the scariest things about real estate investing?
5 January 2025 | 24 replies
Their commercials seem higher quality than the no on prop 33 commercials (who have similar budgets but from much more sources).Hopefully voters educate on this and strike down this proposition for the third time.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
High-quality photos and detailed property descriptions are key.