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1 December 2024 | 91 replies
CRE is in trouble, particularly large office buildings in big metros with a lot of vacancy.
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20 November 2024 | 2 replies
The other big piece of news recently was the approval of Metro's transit plan for greater Nashville.
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23 November 2024 | 38 replies
Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)
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18 November 2024 | 16 replies
Hey guys I am a Landlord out of Metro Detroit area.
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20 November 2024 | 8 replies
A lot of jurisdictions are backed up, especially large metro regions.Evictions are very rare, if you use strong screening criteria.
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21 November 2024 | 11 replies
I also invest in the Indianapolis metro area and had similar problems to what you mentioned in Ohio.
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18 November 2024 | 13 replies
I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.
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20 November 2024 | 18 replies
Typically you can get a window egress installed for $3k-5k.Not aware of a Metro Detroit city that will allow the conversion of a SFR to 2-4 units in an R1 zoned area.- You can improve your search by only looking in R2+ zoned areas.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.
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1 December 2024 | 377 replies
Outside of the disappointing of my kids, I find what I do to be amazing, I do property preservation in Metro Detroit, and right now I would not have it any other way.
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18 November 2024 | 24 replies
If you look at the surround areas of a metro there are usually still inventory with less competition.