Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
My $2000 also covers stuff that inevitably break under normal use - I had to replace a washer $700, a stove $600, a microwave $100, and a grill $400, all within last 2 years, and paid close to $1000 for various service calls by electricians and HVAC techs and pest control.
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.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
Upon information and belief, the member(s) of the Defendant have failed to observe any corporate formalities in that: a. b. c. d. e. f. g. 19.
Sha Sing
Has anyone worked with ReadyREI in Saginaw, Michigan
20 January 2025 | 19 replies
All we can do is help where we are accepted. we don't control your property.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.
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.
Jonathan Greene
5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
Most are folks that have the emotional control of a 5 year old, controlling attitude, an omniscient narrative in every thread & topic, act like an online hall monitor, and constant attention seeking.
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.
Sarah Larbi
Costa Rica
11 January 2025 | 49 replies
Check out Puerto Viejo de Talamanca south of Limon.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
1 February 2025 | 21 replies
Right now, it feels like this might just be a way for the tenant to try and take control of the situation.