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21 February 2025 | 102 replies
I hear from other roommates that they have requested pest control as well.
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21 January 2025 | 10 replies
This works well if it's an MTR or STR type situation and you are in control of the lock.
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24 January 2025 | 21 replies
After that's under control, focus on increasing income through additional work at your current job, taking on a side hustle, or finding ways to increase income on your existing rental.At the same time, educate yourself.
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6 February 2025 | 42 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
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11 February 2025 | 16 replies
Many times they do not realize the adding of the adu makes their existing unit rent controlled.
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4 February 2025 | 10 replies
If your debt to income ratio is good, you can control a $700-800k asset with $50k.
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5 February 2025 | 29 replies
.- The owner has full ownership and control of the property and can make all decisions such as when to sell, or may decide to operate the property according to their own wishes even if those wishes are against the recommendations of the property management company.
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23 January 2025 | 14 replies
It sound like you have your area under control.
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24 January 2025 | 2 replies
You’ll develop resilience, leadership, negotiation skills, vision, emotional control, and more.
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27 January 2025 | 12 replies
It's a shared house so they have no renter's rights giving the owner huge leverage and control.