
15 March 2022 | 7 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!

12 May 2022 | 24 replies
It would come up in statistics at the bank.Do I think you stand a better chance at getting clobbered by a Police Officer's wooden stick based on your race during a traffic stop, yes, but not in appraisals.

12 April 2022 | 16 replies
In 2015, my wife and I were racking our brains on how we could do Airbnb without any capital or land.

5 April 2022 | 4 replies
Lowering a closet rack for instance.

11 April 2022 | 3 replies
(how many roofing layers are up there, what condition is the actual wooden roof in)?

23 June 2022 | 13 replies
However, in the process of the move and the renovations, I racked up ~$30,000 in credit card debt, which has been very stressful paying off.

28 October 2022 | 6 replies
My fiance and I are really enjoying our first house rack right now in the Huntington neighborhood, and next year, we'd like to move to Old Town.

26 October 2022 | 0 replies
We will most likely never purchase a house again with a sub 4% interest rate also i dont think we will ever purchase a brand new house with that much property for a price as low as this was.When we went to sell we went under contract multiple times and people kept walking after starting the contract, so as a first time seller it was nerve racking and stressful, we ended up taking an offer that was a couple thousand less then what we wanted to sell for and the market in NC was still showing strong positive growth, if i could talk myself through this sale now i would convince myself to hold on and let the offers keep coming until i was happy with the number, the market is my favor.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

15 February 2022 | 0 replies
the Covid shut down happened 2 weeks after purchasing it, which was a little nerve racking, but no challenges on this property.

18 February 2022 | 5 replies
The slab porch with wooden columns and stone linteled windows are consistent with other George Ash designs (“Georgia Historical Society”).