Josh Herman
Hey BP -- Nationwide wholesaler (sourcing properties) with a few years experience.
16 December 2024 | 1 reply
I was determined and wanted something that I could sustain for the long term for my family's livelihood and control the effort I put in and the results I got from that effort.I specialize in sourcing properties for fix and flip investors nationwide (wholesaling, but with real-world experience and closed profitable deals for myself and my investor partners) with a roadmap to acquire rental properties as finances permit.A lot of our deals are currently coming through organic search as I have a background in substantial traffic generation through search engine optimization and organic means.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 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.
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
North Canton is a mess right now, they outsourced their building department and went way off the deep end with controls and penalties.
Travis Mullenix
Aloha Capital Reviews?
27 December 2024 | 27 replies
When something goes into default, like this property has has, I have little to no control yet assumed a lot of risk.
Lilia Matlov
Investment needs to focus on the quality and potential of real estate
27 December 2024 | 8 replies
That's why I posted, to provide people with real advice based on my experiences so they can avoid making the same mistakes.Providing greater buffer space for capital expenditures and controls is a good risk management strategy.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
I control all the money and pay all the subs directly.. that's how we got in trouble the first time GC not paying subs..
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
Let's analyze each issue you've mentioned:1) Tenancy Length: besides issues a landlord can't control, like death, sickness, job loss, etc., the actual management of the property & tenant play a large roll in how long tenants stay in their home.
Leeling Chew
Best Course of Actions To Remove a Difficult Tenant
24 December 2024 | 5 replies
But because you rent by the room and YOU SELECTED the roommates (for which the other roommates had no control over), that makes you directly responsible to the other tenants should any harm or damage come to them.
Rick M.
What to do if tenant falls a month behind
25 December 2024 | 12 replies
For late payments, always stay in control.
Jordan Laney
PM changed the utilities too early and now we're stuck holding the bag
8 January 2025 | 38 replies
The PM dropped the ball by not doing more to control the situation.To answer Jordan's original question:Do you think that is fair - to be forced to pay for your manager's mistake?