So, everyone using those platforms is jumping on the same leads AND at the same time which means there  users are all equally behind anyone WHO GOES TO THE RELEVANT COUNTY AND COLLECTS IT there own data or can find someone who can get it for them.

If my stories scare them (and they often do), they should NOT be investing in Detroit.But I'm equally tired of the narrative that these sorts of houses don't work as cash flowing investments.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

What you’re counting on is even a slow rate of appreciation, say equal to barely inflation, called it 2-3% being multiplied by 4 or 5X because you only put down 20-25%.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

We have an insurance policy on the rental house (through State Farm), that includes a personal liability section, which is essentially equal to our current net worth.Given that a tenant could sue for more than this if an accident occurred, we are thinking about adding either LLC or an umbrella policy (or both) as extra protection.Any advice on which way to go, and if LLC, any recommendations for a law firm or company the Indianapolis area?

Buying with an LLC is a great way to safeguard yourself and your property, highly recommended, however, if you’re purchasing through an LLC that was not formed specifically for the purposes of acquiring your investment property, ensure you own more than 50% as LLCs can get complicated with multiple equal shareholders.

For this protection to be effective, it’s crucial to keep your finances entirely separate from the LLC’s finances.

When buying a laundromat, it’s crucial to evaluate the financials carefully.

The parties will jointly appoint an acceptable mediator and will share equally in the cost of such mediation.