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22 February 2025 | 48 replies
FDCPA controls debt collection and makes sure that buyers of defaulted debt don't threaten borrowers with violence , phone calls in the middle of the night and non-existent jail sentences for failure to repay.
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22 January 2025 | 14 replies
It’s a balancing act of controlling costs while also controlling risk of personal injury to your tenants and property visitors as well as maintaining goodwill with all involved at the properties.
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22 January 2025 | 0 replies
For example, if local regulations require energy-efficient upgrades, prioritize these changes to avoid fines and demonstrate your commitment to sustainable practices.Case Study: In 2020, many cities introduced rent control measures.
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22 January 2025 | 22 replies
So you have little control of performance, no mercy from your tenant pool, and a lot of risk in neighborhood.
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5 February 2025 | 205 replies
The only thing constant in life is change AND ultimately the only thing we control in life is our Response to what happens.
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23 February 2025 | 24 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: 4-12%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.
15 January 2025 | 5 replies
Did you get any updates on rent control?
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21 January 2025 | 3 replies
In the event of an acquisition your "Checkbook Control" set up would not change.
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9 February 2025 | 36 replies
That bet didn't pay...At the end of the day, deportations and tariffs are things us RE investors can't control, so instead, focus on things you can control.
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23 January 2025 | 6 replies
Just thank your deity that you don’t live in a rent controlled city/state.