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2 January 2025 | 9 replies
I’m trying to get a feel for how much more income it would generate compared to LTR or MTR.4.
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30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!
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7 January 2025 | 12 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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10 January 2025 | 21 replies
Just trying to learn more about the process when its purchase only as I've seen that option on some lender sites.
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30 December 2024 | 4 replies
I went to the county and tried looking through the files.
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30 December 2024 | 1 reply
I've tried getting in touch with him today but he blocked my phone number (my texts don't deliver and my call goes right to voicemail.
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30 December 2024 | 6 replies
You might also try SmartBank or Builtwell Bank.
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3 January 2025 | 12 replies
They may also feel obligated after this gesture to try and make rent on time even going through a hard time.
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29 December 2024 | 3 replies
I currently own a few properties here in Bryan-College Station, I have a full time sales job so try to stay as passive as possible.
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28 December 2024 | 26 replies
Quote from @Tony Kim: Quote from @Darron Pierson: Has anyone tried Jerryll Noorden's system or have any information about him?