Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
I think we offer an awesome service, but we can't control what people do.
Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
Smart Home FeaturesAdding smart home technology like thermostats, security systems, and lighting controls can increase a property's appeal and value, especially for younger buyers.8.
Alex V.
Horizontal Construction Lending- Subdivision
24 December 2024 | 3 replies
This is why the big corp builders or regionals control so much of the larger developmentsthe deals i funded are 34 lots 160 lots and 80 lots respectively and each of them have contracts on them by Toll and Lennar and one regional but they only close when we have permits in hand.
Jevani P. Barron
Wholesaling Advice Needed: Navigating Buyer Recommendations
21 December 2024 | 6 replies
You’ve already done the heavy lifting, so giving up control might cost you more than you gain.Ask the buyer why they want you to terminate the contracts.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 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.
Rene Hosman
What is your preferred way to collect rent?
28 December 2024 | 12 replies
Rent is "paid" when they initiate transfer not when it hits my account because they have no control over the lag time.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
The story was she rented the place in the 1950's, under rent control then under rent stabilization laws.
Lisa Eisenhauer
Need a bank that will set up a checking account for an LLC owned by a Roth IRA
13 December 2024 | 16 replies
You can get the cashier's check and do any other banking transactions from the convenience of your home office or mobile device without ever going to the branch with any of these banks.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
I went ahead and downloaded GoodEgg's track record to see how they do it, and let's just say it would be easy to assume they had more control than they did on a lot of the deals.All told, if the company website, and the People that work there according to LinkedIn, are not showing any operational roles, they are likely a capital raiser.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
Perhaps the most important of which is that its more predictable and more CONTROLLABLE.