Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.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?
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
You can search this company on the web, but there is ZERO mention of his name in affiliation with the company.
Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@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?
Alex Hall
Subto FHA problem
20 January 2025 | 57 replies
If you did not do a "wrap mortgage" or "mirror mortgage" to help them create "notes receivable income", they may need a cosigner to have enough income to qualify for their next mortgage.
Annie Anson
How to meet material participation hours for out of state investors
22 January 2025 | 25 replies
My husband is a high income W2 earner, and meeting active criteria would put some of our tax dollars back in our pocket.
Zoe Brennan
New Agent & Aspiring Investor
24 January 2025 | 1 reply
I bring sales experience from selling RVs and have always been interested in real estate investing as a way to generate income and eventually achieve time and financial freedom.
John K.
Looking to connect with PPR investors
23 January 2025 | 9 replies
I invest with PPR and other income funds through my IRAs.
Shawn Tinerino
selling with seller financing
23 January 2025 | 3 replies
I would underwrite buyers based on stability of income, financial payment history & ability to pay.
Cesar Cordero
Hesitant First Time Investor
23 January 2025 | 0 replies
But I would remain open to long-term rental as an option as this seems like a more stable option in terms of income, again this may be my inexperience talking.However, I have always been somewhat risk averse and investing in real estate is always a big venture, in my opinion/experience, in terms of capital.
Jon Ankenbauer
Best Way To Transfer Land From a Family Member
23 January 2025 | 1 reply
Make sure you’re consistent with what you’re looking for in income, credit, and references to avoid any potential discrimination issues.