
5 October 2024 | 1 reply
@Saurabh Kukreja we don't recommend investing via zip codes - too broad of an area.We've mapped out all of Metro Detroit and categorized Cities & Neighborhoods by Class A, B, C, & D.We take assisting investors very seriously, just read below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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 Class A property in Class D area, what quality of tenant will you get?

5 October 2024 | 7 replies
Find a neighborhood you like, find a house you like, buy it, and hold it.Focus on learning to analyze individual properties.

14 October 2024 | 420 replies
Now you know why he pays people to write obviously fake reviews from one-time posters which just happen to occur on the same day, in the same writing style with the same buzzwords like "He's a go-giver", and the training is "over-the-top".
4 October 2024 | 26 replies
We have a few single family homes in Kansas City, in a nicer, brand new neighborhood (built 2022).

5 October 2024 | 11 replies
Exploring all solutions to repay the Bridge Loan and even partner with anyone who may have a solution in exchange for ownership in a property in a good neighborhood and tenants who are on time with rent payments.

2 October 2024 | 9 replies
This is a high cost of living area, and in the neighborhood right now, I see a 3 BR of worse finish quality listed for $3k and a 4 BR that's about equal for $3900, both unfurnished with long term leases.

6 October 2024 | 36 replies
No consideration to what this building or the neighborhood would look like in 10 years.4.)

4 October 2024 | 11 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
4 October 2024 | 7 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.

8 October 2024 | 10 replies
Local lenders will understand your market, the neighborhoods, and the prevailing loan rates.