Francisco Milan
What has been your best category to invest in before the end of the year to lower....
18 December 2024 | 7 replies
What have you seen make the biggest impact ?
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 replies
@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?
Lorraine Hadden
Will Mortgage Rates Go Below 3% Again?
2 January 2025 | 18 replies
Show them the history of 30 year fixed mortgage rate & explain that the only reason rates got as low as they did is because the Federal Reserve started Quantitative Easing during the during the recession and then again during COVID.Here's the graph showing the impact of Quantitative Easing (QE) on interest rates.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Real estate transactions, especially flips, come with specific tax implications such as the potential for dealer classification, short-term capital gains, and cost allocation for renovations, which can significantly impact your tax liability.
Joe Pierson
The Correct Funding
24 December 2024 | 6 replies
It could impact your home equity and financial security.For a safer and more specialized alternative, consider a Fix & Flip loan.
Carlos Olarte
Is it worth building Adu's in Orange County / Long beach ?
22 January 2025 | 11 replies
Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
This isn’t about chasing high-growth markets; it’s about addressing systemic issues that impact quality of life and economic stability.
Deirdre Lizio
Should you pick a property manager based on price or service?
17 January 2025 | 23 replies
Is it worth it to deliver an exceptional customer experience if 1) no one expects it and 2) it could impact profitability?
Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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 property in Class D area to Class A standards, what quality of tenant will you get?
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
However, we did have a tenant who stopped paying, and because of how impacted the eviction courts were, it took 6 months for him to get evicted.