
2 December 2024 | 19 replies
@Joseph Leahy I've used Postal Annex for a couple of years, and I've dropped by my mailbox maybe 3 times total?

1 December 2024 | 25 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

5 December 2024 | 554 replies
Obviously, if XRP wins the lawsuit, that will be good for them.

2 December 2024 | 34 replies
But today with Dodd Frank this would be totally illegal to sell to homeowners without going through QM process.

2 December 2024 | 19 replies
you'd obviously have to pay a little higher/unit purchase price.

2 December 2024 | 7 replies
For a Gas-Station with total development cost of ~$1.5M, I will tell you our fees would be nowhere near 33% of that.

30 November 2024 | 12 replies
Sorry for the seemingly obvious question.Do people you hire as backups know that they are backups?

30 November 2024 | 1 reply
At a conservative 6.25% capitalization valuation, the building is worth $16,480,000 in 9 months based on a run-rate NOI of $1,030,000.Key Finacial Highlights:- Projected Total Revenue Potential: $1.15M to $1.7M, reflecting a 48% increase.- NOI Growth: From $603K to a run-rate of ~$1M within the first 12 months, marking a 73% improvement.

29 November 2024 | 11 replies
It totally depends upon the size of the STR.

25 November 2024 | 22 replies
I am trying to manage the asset and the property managers.Here is the basic functionality I'm looking for: Property View: Customizable view that allows me to select a given property and view, update, and save information including the obvious facts, plus ownership %'s, reserves to be held each month, property tax/insurance info, purchase and loan info.