Todd Douglas
Fix and Flip in Detroit 48213
27 January 2025 | 12 replies
@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again.
Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
While shopping for home insurance, I kept receiving higher premium quotes.
Brooke Carlton
2.25% Interest Rate - Assumable Mortgage, down payment gap over $200k
22 January 2025 | 13 replies
The home was built in 2006, great neighborhood, close to the highways, close to everything new that is being built, close to a military base.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
Interesting, I am an active investor, we also have a team and ask OOS clients almost the opposite: we require them to come to Milwaukee and check out some neighborhoods and houses together in order to make sure we are on the same page.
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
Do you happen to have an HOA covering the neighborhood?
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
If they have not set up a listing appointment with you during that phone call drop off a marketing packet on their doorstep.Door hangersWalk neighborhoods and place a door hanger on everyone’s house.
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?
Nithin Kumar
Suggestion for Rental Properties around Phoenix, AZ
28 January 2025 | 11 replies
Mesa is a big area and can vary a lot depending on the neighborhood.
Shruti Drew
Creative finance connect
3 January 2025 | 1 reply
Hi Shruti,That sounds like my type of REI investing, feel free to add me to your Network would love to talk shop some time or help in any way.
Maya Cohen
Cost per sq for SFH & MFH - 2025 estimates?
22 January 2025 | 4 replies
Rentals are extremely difficult to make pencil right now but would only personally consider higher end projects because the costs are far easier to absorb than trying to build in lower value neighborhoods.