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22 January 2025 | 31 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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13 January 2025 | 5 replies
It is possible that over time, Google ranking metrics recognize the uniqueness of your key words, and you move up in the rankings organically (without a cost to you), so that you can be found easily on Google searches for your location.
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25 January 2025 | 12 replies
Professional property managers stay updated on legal requirements through memberships in state or national organizations.
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17 January 2025 | 6 replies
i'm currently trying to automate and/or streamline as much administration as possible in effort to get better organized.
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8 January 2025 | 31 replies
They were very organized and good communicators.
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29 January 2025 | 22 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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26 January 2025 | 1 reply
This is located in the Sailboat Bend neighborhood of Downtown Fort Lauderdale.
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31 January 2025 | 7 replies
Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!
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7 February 2025 | 6 replies
I have a neighborhood map of what areas I recommend investing in
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7 February 2025 | 10 replies
The key to success is understanding the nuances of the market—different neighborhoods perform very differently, and having a strong team on the ground is essential.If you’re interested, I’m happy to share some resources on investing in Detroit and what makes it work for BRRRR.