Brandon Turner
Illegal multifamily... am I going to Jail!?
17 May 2020 | 70 replies
And now they use AirBnB to find revenue enhancing opportunities.My FIL got popped for a decades old carport, he insisted on reconstructing it...
Josiah Patrick Zebarth
What makes you get out of bed in the morning?
27 October 2020 | 113 replies
Discipline and habits are important to success in life, motivation can enhance our activities, but it only lasts for a short time.
Moritz Bode
Highest Value Increasing Repairs
2 March 2020 | 49 replies
:If I had to pick one thing, I'd say flooring - specifically a hardwood-type flooring, including the bedrooms.Hey Sue, I figured flooring would be one of the top just because it is something all rehab's will enhance or replace.
Jay Hinrichs
Where are the renters going to go will market get crushed
8 December 2021 | 84 replies
Now many are laid off, no pathway to return to an old job, running around trying to collect unemployment, the enhanced unemployment sometimes is more, sometimes Is less than what someone made...it’s a total mess.
David Bowles
New purchase, current tenant is not current on rent
24 April 2020 | 67 replies
It either needs repairs/enhancements to get to 100% ARV, or its at ARV.3.
Alex Ng
Hidden Gem markets
7 January 2024 | 32 replies
2024-01-03: Major Detroit Developments for 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/2023-12-13: Volkswagen Scout Brand investing $11M in Detroit, 200 new jobshttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/2023-11-02: Hotel Added to Hudson Site, total over $1.4Bhttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/2023-11-01: Detroit west side Dexter Neighborhood Receives $21.5Mhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/2023-09-27: Norway’s Nel Hydron investing $400M, 517 new jobshttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.2023-09-08: Chase invests $200M in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment2023-09-06: Gilbert Foundation invests $439M in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute2023-07-26: Bollinger Motors investing $44M, 237 new jobshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/2023-03-30: 15 New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353922023-03-28: BorgWarner Investing $20.6M, 186 new jobshttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs2023-03-28: 3 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/2023-03-06: District Detroit $1.5B Development, 12,000 temp jobs, 6,000 new jobs2023-02-09: 6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/2023-02-08: $2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/2023-01-31: $300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reachedContact us with any questions you have.
Kevin B.
Buying a lien to force foreclosure?
15 May 2018 | 14 replies
I am willing to spend the $500 and a bit of time to get it auctioned off to hopefully someone who will maintain it, since this will enhance the marketability of my other property.Originally posted by @Bob Malecki:If its a local bank you may have a shot at it.
Jaden Fein
When is it reasonable to begin searching for rental properties?
29 November 2023 | 11 replies
This financial cushion enhances your profile as a borrower, making you more appealing to lenders who generally seek a debt-to-income ratio of 36% or less.
Shane Boyd
Why don't more real estate agents flip houses if it's so good?
27 May 2021 | 49 replies
To enhance your own home inspection business, I'd propose you approach a Bic from a different firm on each flip, explain you are also an investor and LET the Bic choose a listing agent from her firm for you AND ask for a 1% commission rebate from the bic/listing agent.THE Bic will get to be the hero.That way everyone loves you-- free advertising (the Bic will appreciate the business--- you will probably get 2 listing agents for the price of one as the BIC will insure your property gets top notch service)A $5k return is way too small of a goal!!
Jack Tucker
Converting MF to Condos? Improve/Hold? Pro/Con?
10 August 2015 | 1 reply
Maybe one option would be to upgrade, get the enhanced rents and hold, then convert when we are ready to finally divest down the road?