Craig Parsons
Hot mess with a renter/squater how to get hew out ASAP
8 January 2025 | 20 replies
Single family homes are exempt from rent control everywhere in the state.
Marc Shin
How to market to ideal guests or Avatar during the dead of winter
2 January 2025 | 12 replies
A tall fence, tree, exterior paint can control a lot of things your guest see during their stay.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
Again, it would be hard to get any precise direction here but there's enough to think about which way to go with it.
Schuyler G.
Which Areas Rent Fastest? Building a Tool to Find Out—Help Needed!
28 December 2024 | 7 replies
However, if you bought it and managed it as a market rate apartment, your experience would be very different.My point is, I can control how fast a unit turns simply by adjusting my asking rents.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
The losses would have spiraled out of control for me had I not been able to sell my second house immediately.I don't look back on my experience with any regrets since I know the risks we take playing this game.
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
Just like going to an auction where lots of people are bidding and there is a frenzied atmosphere... and you want to be a part of the action...you bid too, is not a good (controlled) way to spend your money.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
University of Kentucky and Lexington-Fayette Urban County Government Land Swap: In 2018, the University of Kentucky exchanged 250 acres near its Coldstream Research Campus for control of several important roads in and around campus, contributing to economic development opportunities and improved urban planning.
Matt Powers
Where to start investing in real estate?
15 January 2025 | 33 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.
Kay Kim
What’s your experience with Wagner Nolasco B2RDirect
15 January 2025 | 177 replies
I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.
Justin Goodrich
What problems do you face?
30 December 2024 | 1 reply
@Justin Goodrich I can speak for a lot of investors and say our biggest problems are out of our control.