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26 November 2024 | 2 replies
Analyze cash flow, potential vacancy rates, and maintenance costs before making a decision.Secure FinancingTake advantage of owner-occupied loans such as FHA, VA, or conventional loans, which often have lower down payment requirements.
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9 December 2024 | 98 replies
This makes it difficult to commit the kind of fraud that we often see with credit cards, in which people make a purchase and then contact the credit card company to make a chargeback, effectively reversing the transaction.My comments: I'm a consumer.
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26 November 2024 | 14 replies
How often do you peruse the FB Group Metro Detroit Real Estate Investors?
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23 November 2024 | 20 replies
They are often too complicated for tenants to figure out, they have too many ways to fail, and they are often easier to circumvent than a standard key lock.I use Schlage electronic door locks with a simple numeric keypad.
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26 November 2024 | 11 replies
I often get asked home to convert a primary residence into a MTR and wanted to share a few steps:1.
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26 November 2024 | 16 replies
Returns look good on paper but the kind of tenants those homes will attract will eliminate your cash flow.Invest carefully.
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26 November 2024 | 21 replies
My family goes to our STR quite often and we alway have a nice time.
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26 November 2024 | 11 replies
Often when new investors are excited to scale, especially with limited funds, they start looking into to getting a third on seller finance or sub to, but the first two properties have repairs coming and all you do is add a third property that needs repairs to your portfolio.This - "investing with limited funds (like distressed property flips)" - is an oxymoron.
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27 November 2024 | 13 replies
As an investment property owner, this means less maintenance and fewer unexpected expenses from storm related damage, often resulting in more affordable insurance premiums, less wear & tear on mechanical equipment, roofing materials or exterior surfaces.
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1 December 2024 | 134 replies
If they're vacant I often go peak in the windows.Some like Treasury auctions from IRS, DEA, federal agencies, they'll have open houses for a couple of days before the auction and sometimes the auction is held at or even inside the home.