Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Really about growing a strong portfolio of solid deals.Now that being said, if you are a high income earner, well qualified, and can't find reasonably good deals: (i) you can connect with a well connected real estate agent for off-market deals; (ii) you might do a very narrow cost-effective cold call or letter writing.

Baselane is extremely easy to use, built for investors specifically, and keeps adding more useful features. 10/10 highly recommend.

Hospitality, attention to detail, cleaning/handyman team, programs used for bookings and calendar organization, inventory audits, home maintenance, etc. are all extremely important but all of that doesn't even begin to describe all of the things an experienced property manager does.It is a matter of how much time and energy you have to invest in your properties and if that time and energy is worth it to you.

Additionally, in my market, a lot of these properties are located in areas where price-to-rent ratios are extremely favorable.

Buffalo is a great place to invest, but understanding that neighborhoods change extremely quickly is paramount to your success.

Hotels are the baby of real estate investing and running a business.Unlike any other commercial asset class, hotels are extremely labor-intensive to run but can spit off ridiculous cash flow.

You're welcome on the lists mate hehe 👍 (No, not sending to anybody else as Luka has Balkan heritage I'm assuming and so do I so we look after each other haha).Wholesalers are a disaster and all of your equity/profit will go to them.I suggest cold calling yourself, learn/practice your pitch and then elevate and delegate.My folks have been doing just acquisitions for many years now but all good things take time.All the best mate

Hey Rachel,I can't help you because of the location but you're going to have an extremely tough time finding insurance for that type of risk.