3 May 2024 | 11 replies
Hi Jagger-Great question.I am a fellow Michigander from Ann Arbor.Nothing against Maine but the Midwest has seen some of the strongest rent growth in the country.When I consult with my clients, if they don't have the budget for a market like Ann Arbor, I direct them to Lansing, MI.The cashflow is strong, the economy is stable, it is the State capital so there is always economic development creating new jobs, the price point is relatively affordable because the cost of living is lower there, and appreciation is predictably linear.I also advise investors to buy duplexes and up so you always have a rent check coming in most of the time if you have a vacancy.
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3 May 2024 | 32 replies
The health care traveler market has fallen off and more people are getting into it.
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30 April 2024 | 1 reply
Pittsburgh is also arguably one of the best cities for healthcare in the country.
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27 April 2024 | 10 replies
I've been in the healthcare field for the past 15 years; I read books, listen to various podcasts; trying to learn as much as i can about rental property investing, (multi-family units).
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26 April 2024 | 3 replies
I've already obtained a 5% down conventional pre-approval and am working with a local (Ann Arbor, MI), investor-friendly realtor to find deals.
29 April 2024 | 248 replies
then they said we have new three million new illegal immigrant LOL hahahaThen I check the book of one the lender, it clearly mentioned their DSCR after rent stabilization was like 0.7-0.9 LOL LOLThere's also another report from Viceroy Research showing some or Arbor Realty group apartment is running at ....... 0.6 OMG this is so hillarious almost like a joke.All these underwriters are really suicidial, I thought they are smarter than me, apparently NOT.Unless.......
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27 April 2024 | 42 replies
Additionally, Milwaukee boasts a diverse and resilient economy with strengths in manufacturing, healthcare, and technology, contributing to a stable job market.
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25 April 2024 | 5 replies
@Itay Heled I have a friend who has 50 doors in that area, all MTR for healthcare staff.
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25 April 2024 | 21 replies
Actually, My background is healthcare for over 27 years with two Masters.
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23 April 2024 | 10 replies
Ann Arbor regs are tough but STR numbers look good.