
4 January 2025 | 28 replies
The hard and the fun part is training my team there in the proper processes from planting all the way through selling.

30 December 2024 | 1 reply
The home was a bank foreclosure from a reverse mortgage.

26 December 2024 | 9 replies
They’re built for heavy use and have faster drying times—usually 30–45 minutes—without needing major electrical changes.If you’re up for a bigger investment, adding extra stackable units in the garage could be a great long-term fix, though it’ll mean some electrical work and setting up proper ventilation.I’d probably go for the commercial upgrade in your current space first—it’s quicker and might solve the bottleneck right away.

1 January 2025 | 4 replies
They could offer different products for single family vs multifamily so it's a good idea to get with a lender to see what they can do that may not be your typical mortgage type.

4 January 2025 | 25 replies
I will get tons of tax benefits and the tenants will pay down my mortgage each month.

29 December 2024 | 10 replies
If you do want to go this route, make sure that the underwriting of the investment property pays back both its mortgage and the monthly HELOC.

2 January 2025 | 4 replies
You could live in one unit and rent out the others to offset your mortgage, staying within your $4,500/month affordability limit.

23 December 2024 | 34 replies
Would you buy 5 houses in Clarksville, which rent for less than your mortgage payment?

28 December 2024 | 4 replies
Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.

1 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.