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15 November 2024 | 3 replies
His suggestion was to wholesale it because he believed that for the purchase price of $90K, it'd be a relatively safe bet with a good margin.So, my question is: How do I get cash buyers or "buyers lists"?
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18 November 2024 | 16 replies
I would check with a few different groups to make sure that they can operate in Detroit, and also to make sure that they will lend to the property in question based on the value.
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19 November 2024 | 6 replies
There are a few DSCR lenders that will allow you to operate a rent by the room strategy as long as the strategy makes sense, and no one related to you is one of the tenants.
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14 November 2024 | 1 reply
I'm an experienced workforce housing owner and operator.
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14 November 2024 | 7 replies
Or ask the third owner if they would also consider selling, so the whole property is sold.Whether a partnership or LLC, follow the Operating agreement.
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21 November 2024 | 305 replies
For example, if you wanted to outsource that part of your business, are there management companies in your area that you would feel comfortable turning operations over to?
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16 November 2024 | 6 replies
Focusing on the foundational basics and your operations is more important long term.
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14 November 2024 | 21 replies
Your best bet is to invest in growing areas that are landlord friendly and where you can either connect with or build a good team yourself- realtor, property managment, contractors, etc.
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18 November 2024 | 14 replies
I operate several mid term rentals and I'm still a big fan.
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14 November 2024 | 4 replies
The best bet is to talk to a small local bank (or three) about your options.