26 November 2024 | 7 replies
This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.
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27 November 2024 | 16 replies
Sub-$350K single-family homes rarely cash flow in Charlotte, so consider properties with value-add potential or slightly outside the city.
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18 November 2024 | 1 reply
I intend to relocate to the Rapid City, SD region in April/May for work, and I plan to acquire a primary residence that could eventually be transformed into an investment property.
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30 November 2024 | 16 replies
If you start in an affordable Sunbelt city like Birmingham or Montgomery, for example, you can acquire a turnkey rental in a B or C neighborhood for around $120,000.
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26 November 2024 | 14 replies
Are you doing the suburbs or the city?
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27 November 2024 | 16 replies
The issue is legally be allowed to raise rents and getting around what the city believes is fair market rents.
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22 November 2024 | 7 replies
I get paid $250 per call on my knowledge right now from firms in New York and you should consider what you bring to the table
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27 November 2024 | 15 replies
You mostly hear about Self Storage and the 1 to 3 mile radius.We are on the East side of a 1mm metro city area.
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27 November 2024 | 10 replies
First, I check if the city is a city I am interested in investing in.
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25 November 2024 | 18 replies
There was an offset, but it was just past the service box for the home (city responsibility) as we saw it.