They have always rented them at well below market rate and the repairs were made by the tenants.

It’s a great way to connect with investors and professionals in the Phoenix market who are active in residential deals.Looking forward to seeing how your journey progresses—feel free to share updates or ask questions as you dive deeper into the residential side!

We have 17 properties and the long term we do on ACH, but frankly, ACH set up at our bank is so cumbersome that I stopped using it for the mid-term market.  

It really doesn't apply as much anymore in most markets because rates are too high and homes are selling for too much. .75% rule is more viable and would be the new 1% rule in this market.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Have you considered which markets or property types you're interested in? 

If they change their mind, I put the property back on the market and look for a new tenant.

you are going up against people and companies that spend thousands or even tens of thousands of dollars a month in marketing. 

So is it equally illegal when the large landlords drop rental prices in a building as vacancy increases and the market softens?

Excited to learn and get insight on investing in a new market.