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11 January 2025 | 4 replies
Turns out, the right marketing found renters who appreciated the quality and were willing to pay a premium.
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8 February 2025 | 22 replies
I don't know enough about your rentals to determine quality, location, or layout, but I suspect my numbers are pretty close.However, your utilities are pretty expensive in the winter.
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29 January 2025 | 22 replies
A/B Class is your top choice as this will quality tenants.
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14 January 2025 | 16 replies
Other introverts will feel comfortable with you and that could actually help your journey......more important qualities are honesty, integrity and being a harder worker than others.Just be yourself and go get started.
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6 January 2025 | 7 replies
The license doesn't cost more, the service and quality does.And a note on that cost, in my experience hiring contractors, only a small percentage of the cost savings was due to finding the right guy who is willing to work for less.
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16 January 2025 | 11 replies
My clients can "force appreciate" the value of the property by doing a quality rehab for a lower than market cost because they are very good at spotting "diamonds in the rough".
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15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro 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?
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10 January 2025 | 10 replies
We charge 10% and we pride ourselves on quality service.
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3 January 2025 | 3 replies
From the Great Recession to Q1 2022 it was easy to find RE that seemed very likely to produce outstanding return.
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16 January 2025 | 12 replies
Respond within minutes to each one, as tenants often go with the first responsive option.Ensure you have high-quality photos that make your property stand out against the competition.