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19 November 2024 | 1 reply
You get the unit how you get the unit in reality.
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20 November 2024 | 24 replies
2-4 units are not that common, but builders are building them more now.
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21 November 2024 | 3 replies
Hi Ryan, I'm interested in chatting with you regarding costs to use your management company for my one unit (Duplex, second side is a LTR) that is currently a MTR that I'm looking to move into a STR.
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20 November 2024 | 18 replies
Typically you can get a window egress installed for $3k-5k.Not aware of a Metro Detroit city that will allow the conversion of a SFR to 2-4 units in an R1 zoned area.- You can improve your search by only looking in R2+ zoned areas.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.
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20 November 2024 | 9 replies
Yes, I'd be looking to invest in a MF home (most likely 2-4 units) for a reposition play.
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12 November 2024 | 3 replies
On large complexes you can look up their website and see if they have a leasing map that identifies address/unit.
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20 November 2024 | 3 replies
This would make it into two, two bedroom units with the intent of making them long term rentals.I'm guilty of having a lot of projects going at once so my focus right now is bringing the cottage to a point to refinance out of the private money and either make it our primary residence for a year for the financing perks or to go straight into a short term rental.With the four bedroom house I'm trying to decide if it's worth splitting into two units or if I should keep it a four bedroom rental.The cottage I'm also tempted to do mid term with to lower the turnover and maintenance but open to suggestions.The third property I'll probably just let the current renters pay the mortgage for the time being if I'm able to acquire it anytime soon.
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20 November 2024 | 8 replies
It cost him another 3 months before he could start work turning the unit.
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19 November 2024 | 3 replies
Haven't seen a whole lot of people renting out detached storage units in Memphis but occasionally it does happen.
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20 November 2024 | 3 replies
(as it relates to within town limits)-Average rent rate for 1BR and 2 BR units-Average market lot rentThank you!