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22 October 2024 | 2 replies
In a "B" neighborhood, you might expect a slightly higher return, around 7-10%, since there's more room for growth but also slightly more risk.
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24 October 2024 | 13 replies
So basically, for a B minus area, for a 3 bedroom brick home you will spend 110k for a rental that brings in $1,400 per month and in a class D neighborhood Section 8 you will be all in for the same cashflow at $80k.If you extend you view to "Metro" Detroit you have more opportunities in Cities like Warren, Hazel Park, Taylor, Romulus, Eastpointe, et al,.
30 October 2024 | 94 replies
That’s why I will win I’m not a b*tch when it comes to taking risks, throw it all at me, I’ll overcome every challenge one by one.
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20 October 2024 | 10 replies
I have a lot of resources for investors that can help show you class a b c locations and have off market deals.
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19 October 2024 | 11 replies
Hi Jon, looks like the area is pretty solid, somewhere between A-B grade!
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22 October 2024 | 10 replies
KEEP THE BEST, FLIP THE RESTIf this is in a D class area and you're chasing cash flow from section 8 tenants, I would sell it, move on and reinvest your capital in a solid area.If this is a solid area (A-B Class) with lots of job opportunities, growth in area, etc, then hold out for a tenant and rent it.
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21 October 2024 | 24 replies
If they have stopped paying rent for a BS reason, you ask the court for the tenant to deposit the rent with the court while awaiting trial.
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20 October 2024 | 35 replies
We have 2 class A/B+ properties on the west side.
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19 October 2024 | 4 replies
By the way AB 2533 (Carrillo) – Unpermitted ADUs extends the protection of existing (not newly built) unpermitted safe units of SB13.
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17 October 2024 | 16 replies
@Noe Alonzo Nesmith Jr are you going to be buying Class A, B, C or D rentals?