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23 September 2024 | 2 replies
Yes absolutely to start off I am looking at 2-4 unit multifamily properties.The part where you mentioned about going out into the market and not just sitting behind a computer screen, that's one of the biggest things that has kept me from making any significant moves so far.The first thing I want to learn is how an investor analyses a property (not only using numbers, but qualitatively), and I think going out and looking at real deals and talking to investors is the way forward.Thanks a lot for your response.
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24 September 2024 | 15 replies
What are the biggest hurdles with purchasing in a state that is much further away (Midwest etc) and is it smart for a first property?
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23 September 2024 | 5 replies
The biggest issue with ADUs is small units in small count is very expensive development.
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24 September 2024 | 27 replies
BP was bought by a PE company several years ago, and there will naturally be a bit more focus on revenue and profit growth.
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23 September 2024 | 6 replies
Some of the biggest complaints i see are that you have to use specific contractors and it may take awhile before they can come out.
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23 September 2024 | 4 replies
The biggest thing I can't get over, is the new agent objections.
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25 September 2024 | 17 replies
At the end of the day my biggest regret is not buying a duplex to a quadplex with a FHA loan.
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21 September 2024 | 6 replies
Annual revenue is up 17% with 60% occupancy rate.
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27 September 2024 | 48 replies
The median price is still just $90k and I wouldn't be surprised to see it double again pretty quickly.The other nice thing about Michigan is property taxes are capped at the rate of inflation with a max annual increase of 5% per year.The biggest drawback of Detroit is tenant quality IMO.
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20 September 2024 | 1 reply
Also, helping find other ways to drive revenue, including add-on packages and more.