
12 March 2024 | 13 replies
These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.

11 March 2024 | 2 replies
Any data on how well house hack in Buffalo area is?

11 March 2024 | 39 replies
Others are relationship driven and originate in other ways through social gatherings and philanthropic endeavors.

12 March 2024 | 40 replies
Simply put: junk data in, junk data out.

11 March 2024 | 22 replies
Access to Market Data and Inventory in Real-TimeThis allows you to make informed decisions immediately.

11 March 2024 | 20 replies
We (appraisers) only reflect the market, based on available data.

11 March 2024 | 17 replies
That leads to going back and forth on whether it's worth it given the upfront investment and the data we're finding on occupancy rates, cash flow, etc. vary from losing $5K/year to making over $10K/year.

11 March 2024 | 9 replies
Exactly how much the lenders will lend is based on the data on the property's marketability and the borrower's credit score.

11 March 2024 | 27 replies
Meetings are in Springfield on the third Thursday of every month, plus there's a handful of smaller sub-groups that meet throughout the month.One of the REIA co-founders, Brad Moncado, is an experienced STR investor and holds a yearly boot camp if you're the type of person who needs a data-dump/kick-in-the-pants.