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27 January 2025 | 7 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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8 February 2025 | 15 replies
As a SFR investor for over 15 years I have been wrestling with this question in the past, because it feels like you should upgrade to "bigger".I know for sure that I would not enjoy the ownership experience that comes with a small 4F, because in Milwaukee that typically also means lower income tenants.
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28 January 2025 | 3 replies
@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...
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18 January 2025 | 19 replies
They paid their portion of the rent.I have found a lot of investors bring their personal or political feelings into the investing conversation.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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24 January 2025 | 17 replies
Feel free to connect directly.
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25 January 2025 | 10 replies
Part of this is sentimental value (wife's grand father built the house) but I don't want it to be a money loser.
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26 January 2025 | 3 replies
I’ve got a few rental properties under my belt and am now diving into value-add multifamily projects to grow my portfolio.My focus is simple: build wealth, create opportunities, and enjoy the process along the way.
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14 January 2025 | 16 replies
I feel as though I am more on the introverted side.
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23 January 2025 | 2 replies
It’s incredible what you can accomplish when you focus on creating value and solving problems in real estate.