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25 October 2024 | 23 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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23 October 2024 | 1 reply
I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split
30 October 2024 | 94 replies
What should I study in detail?
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25 October 2024 | 2 replies
I built this pricing engine as a good way for people to keep tabs on where DSCR rates are at for any given scenario without having to submit any personal details.
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28 October 2024 | 23 replies
If the tenant does move , do a detailed inspection in case the tenant messes things up
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24 October 2024 | 5 replies
Or have other suggestions or tips for sorting property searches, managing goals, and renovation details.
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23 October 2024 | 1 reply
Hi Michael,Schlage Encode Smart LockRing DoorbellNoiseaware (if more than 2 bedrooms)Ring Backyard and Side Cameras (Optional)Let me know if there's anything specific I can go into more detail on!
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28 October 2024 | 12 replies
Always prioritize doing the right thing and confirm details with people and through official channels.
23 October 2024 | 9 replies
He's reliable, trustworthy, and pays great attention to detail.
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24 October 2024 | 1 reply
.- Managing Cancellations: We review cancellation patterns to minimize future issues.While managing short-term rentals may seem simple to some, it can be a lot of work behind the scenes to ensure every detail is optimized.