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1 December 2024 | 93 replies
Force yourself to be as concise as possible and to limit the size of the pitch deck, investors will appreciate this and will likely view you as more credible if you include all of the key data i.e.
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27 November 2024 | 26 replies
Why would you include internet in rent?
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30 November 2024 | 4 replies
Here’s what I do with my rentals:I either have tenants split the utility bills or include a clause in the lease that states if the gas or water bill exceeds a specific amount ($X), the tenant will be responsible for the overage, provided there are no leaks or other infrastructure issues contributing to the high usage.To determine this $X amount:Water: I take the highest water bill I’ve had over the past year (excluding periods where leaks occurred) and add about $15 to account for small fluctuations or potential increases.Gas: For gas, I calculate the median bill during the winter (when usage is highest) and the median bill in the summer (when usage is typically lowest).
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2 December 2024 | 35 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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29 November 2024 | 17 replies
Hey Brian / everyoneThe price includes shipping :)Wow - that's a deal.
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3 December 2024 | 3 replies
Also make sure you understand everything about adding an ADU including value of the ADYPU, financing, impact from rent control, duration between initial expense and initial income, true cash flow (know the 50% rule, at 50% rent ratio initial property tax will be near 20% of income)- educate.
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25 November 2024 | 5 replies
@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!
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28 November 2024 | 0 replies
🏡 MASSIVE transformation coming near downtown…🏙️With one of the last areas to develop near downtown, the neighborhood just south of Empower Field will get a massive upgrade 🏟️The stadium district master plan is only 10% done, but will include a mixture of housing options, jobs, game day/special event experiences, and more.When this 58 acre space is developed, it will re-shape the landscape of downtown once again…
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28 November 2024 | 1 reply
.✅ Buyers still working with buyer’s agents✅ Most sellers still offering a buyer’s agent compensation✅ More transparency to buyers and sellersSure there were some changes, but I am seeing things are BUSINESS AS USUAL.Seller’s are still given the opportunity to negotiate all commissions (including if they choose to pay a buyer’s agent), and buyers are still given the opportunity to do the same regarding their agent’s commission
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26 November 2024 | 6 replies
The only challenges you haven't mentioned is advertising for roommates, screening them and where to get a lease.