Alex V.
Horizontal Construction Lending- Subdivision
24 December 2024 | 3 replies
This is why the big corp builders or regionals control so much of the larger developmentsthe deals i funded are 34 lots 160 lots and 80 lots respectively and each of them have contracts on them by Toll and Lennar and one regional but they only close when we have permits in hand.
Alan Asriants
Rent by the room? Is it a good idea?
26 December 2024 | 9 replies
yes, on paper it makes sense to run by the room because you can technically maximize your rental income but you have to consider the following things:- who has control of the thermostat?
Danielle Levy
Filing lawsuit against property management company
11 January 2025 | 17 replies
Quote from @Danielle Levy: Agreed with everyone on this thread, this does not warrant a lawsuit due to those things that could have been controlled by you as the homeowner.
Nick S.
Airbnb/str management advice
16 December 2024 | 21 replies
The property is 2 hours away, but it feels like I’d lose a lot of control.
Caleb Johnson
Comping Homes in Detroit
18 December 2024 | 4 replies
We see a lot of success in the suburbs: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.
Mia Shlomit
Converting to condo in Union City, NJ?
13 December 2024 | 15 replies
Mia - I've seen someone else post about this revision to the UC rent control measure but can't find anything on the city's website.
Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
I would also try to minimize expenses through decreasing cleaning costs, installing smart tech like a thermostat to control utility costs, etc.5.
Bruce Woodruff
Thoughts on the California fire repercussions
14 January 2025 | 16 replies
California is the only state that has essentially put a rent control type of restriction on home owner insurance premiums.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
Our privately owned and centrally controlled monetary system, known as the Federal Reserve, and the legality of Fractional Reserve Banking is on a crash course for a battle between Freedom (Property Owners) and Royalty (the banks).
Jessica Medvec
Is “cash only” really cash?
29 December 2024 | 9 replies
Ask them if you deposit say $250k with them as MM or CD with them having control over it.