Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Kent Ford
Incentivizing Long-Term Affordability: What’s the Key to Sustainable Housing in Texas
5 January 2025 | 1 reply
Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 replies
Not really a growth city in my opinion.
Zongfu Li
Kiavi is the worst lenders I have been working with
15 January 2025 | 11 replies
We repeatedly explained that it’s not done that way in New York State: here, you send in your articles of organization to a state office and they send back a letter with a state seal acknowledging they received the documents.
Manuel Angeles
Affordable Housing Development Capital Stack Structures
17 January 2025 | 7 replies
I tried one in Oregon on a 120 door parcel I had over in Lincoln city..
Brandi Jefferson
Hi! I'm happy to finally join the community!
16 January 2025 | 20 replies
Do you have a personal connection to either of those cities/markets?
Jerod Meagher
Credit Union Recommendation - Phoenix
20 January 2025 | 1 reply
I have a great one in Kansas City for over 15 years that I've used multiple times (only auto loans however), but hoping to branch out locally as I begin my investor journey in Arizona.
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
I'm not sure if the program is still going on, but has definitely revitalized a lot of the area when it was once destined to follow the way of other older cities that are aging out of existence both in terms of people and property.
Laura Yelin
Sherman, TX market
15 January 2025 | 7 replies
Some commuters to Dallas, because rent is cheaper in Sherman than Dallas.As far as DFW metroplex goes, probably one of my favorite cities for investment right now.My thought is look at newer homes vs the 100 year old ones.
Allie William Wilson
Eastern Tennessee STR/MTR
3 January 2025 | 14 replies
Thus, we are looking into the Johnson City-Elizabethton area or the Kingsport-Bristol area.