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8 February 2025 | 6 replies
I get 2 or 3 bookings in a whole year from them.Given my high prices I am happing with the simplicity of getting the bookings from VRBO I do advertising other places such as local FB groups for Lake houses.Ultimately VRBO is king for me.
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7 February 2025 | 12 replies
That real-world experience, built on trust and actual deals, was infinitely more valuable than any high-ticket coaching package.
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7 February 2025 | 2 replies
Is refinancing not an option in your mind because of the high pre-payment penalty?
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5 February 2025 | 35 replies
If we're going to just talk in hypotheticals, of course anything is probably possible anywhere but highly unlikely.
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7 February 2025 | 6 replies
Seems like everyone wants to wholesale here - The competition is really high - I dont really wholesale unless it makes sense for everyone but my advice would be to try and hit the lists that arent already super flooded ( pre foreclosure, vacant, etc.)
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29 January 2025 | 3 replies
If you’re looking for a straightforward, hassle-free option, I highly recommend checking them out!
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6 February 2025 | 7 replies
A VA can help you compile lists of potential wholesalers, manage follow-ups, and even track responses from your marketing efforts—freeing you up to focus on high-level strategy and deal analysis.Hope these ideas help!
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30 January 2025 | 19 replies
We are NOT a fit for low quality assets such as C/D or uber high input such as sec8 or mid/large MFH.
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29 January 2025 | 14 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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4 February 2025 | 17 replies
Unemployment was high but I had savings and managed to find work.