Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Also recognize that this market is currently disconnected.

However, just to set expectations, they most likely won’t make any changes unless there’s a clear error in the valuation.That said, since the $1,000 increase works out to about $83 per month, I’d suggest checking what the market rents are in your area.

this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

I own 27 properties in Greater New Orleans (36 doors) and wholesale around 50 houses a year in this market. 

When tenants stay for ten years, it's usually because their rent is well below market rates.

Market Range for neighborhood is $330-415k. 

In terms of feedback from our team, we’re leaning towards buttoning down the hatches, keeping rent increases low, and focusing on maximizing occupancy in our New England markets.

Over the past couple of years, I’ve learned a lot about the business—like how to analyze markets, underwrite deals, and connect with brokers.

I am also willing to provide information on the Memphis and Chattanooga markets.