Ken I beleive you can hire for sub to training thats why he is always saying sub to is legal if you know how..

@Mike Grudzien Happy to help on an DSCR and we also help train brokers in this program so they can speak on & guide better on it, Great product to have.

My last deal was an exact wrap at 3.5% granted I had to put $80k down to pull it off, but it’s a great way to keep the train on the tracks.  

@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Important that you follow the necessary steps, deliver 5 day notice etc. 

On 11/15/2024, we successfully sold it for $200,000, delivering a remarkable return.

Some of Invelo's features include:- List Builder- CRM with different databases for prospects, leads, and deals- Advanced marketing with direct mail, ringless voicemail, email and custom sequences- The most advanced skip tracing- REI video training series + expert-led masterclasses- Facebook communityand so much moreAs the founder of Invelo, my team and I are here to answer any questions about the platform.

If you don't have a content deliver network to show why people should come to your rural region, you might have a much more difficult time.

For example, let's say you are guaranteed a 7% pref and the property delivers exactly that, but then sells with a capital gain. 

After multiple phone calls and emails, I delivered the following email regarding my PreREO note purchase:  Hi Karen,Any update on this?