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4 January 2025 | 14 replies
He abandoned trying to scale.Learning from this experience when my partner and I decided we wanted to double our net income, we realized it would take a increase of 2 1/2 time our volume and probably need to triple our deal flow.
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25 January 2025 | 155 replies
Are you able to connect with wholesalers and lend EMD as advertised or is it proving more difficult?
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30 December 2024 | 18 replies
@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!
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2 January 2025 | 15 replies
Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.
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31 December 2024 | 20 replies
The government has tried it with section 8 and rent control in some cities , we all know the end result .You would be better off starting a jobs program teaching the trades , educating them on finances and work ethic and then rebuilding abandoned properties for them to buy
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2 January 2025 | 18 replies
I've been reading up on the process to go from advertisement to signed lease.
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1 February 2025 | 56 replies
We have very limited controls, but the advertisers seem to always find new creative ways to get around the rules we impose.
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31 December 2024 | 13 replies
Abandonment: If the GC stops working altogether for an extended period or doesn’t show up, then the project can be terminated.It’s best to communicate contract termination in a written way via certified email.
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28 December 2024 | 19 replies
We've had guests do exactly that.We do not advertise any of these supplies until our check-in instructions welcome them to use the pantry, and let this be a pleasant surprise to people when they arrive.In theory a guest could clear us out but nobody ever has.
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26 December 2024 | 4 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.