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7 February 2025 | 12 replies
Unfortunately - my current lot for my primary is 1 acre and VERY sloped, and close to a water source (creek), so the county has not even allowed me to permit my downstairs finished basement without an extremely costly renovation to our septic (over $60,000, and that doesn't count demo'ing and replacing our driveway to get to the existing tank and leachfield), and even if I could permit it, it would essentially need to be a treehouse in the redwoods due to the slope (not a bad idea though, I would actually love a livable treehouse on this lot!
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22 January 2025 | 15 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!
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29 January 2025 | 10 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.
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4 February 2025 | 26 replies
Well, I wouldn’t go that far, people throw that word around too much these days but I would say they made a lot of promises that they haven’t kept and paint a very unrealistic picture with an extremely high pressure sales scheme that does a disservice to the vast majority of their students.
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4 February 2025 | 10 replies
I exclusively invest out of state (buy and hold / fix n flip) because cashflow is extremely difficult to find in this area.
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26 January 2025 | 13 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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21 January 2025 | 10 replies
I agree with what everyone else has said, those figures seem extremely high.
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16 January 2025 | 4 replies
It really comes down to your goals and time commitments.Airbnb margins have been getting tighter and it is extremely time consuming.
17 January 2025 | 5 replies
Self-showing services are extremely common but that should be in the contract.
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1 February 2025 | 23 replies
New owners are normally at 2 extremes...