Teslim Salami
Cash Flowing Rental Property
12 January 2025 | 5 replies
Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?
NA Lewis
Canadian looking to invest in Ohio
7 January 2025 | 13 replies
You'll likely need to be in a C/C+ neighborhood to find the 1% rule, but you can still break even or sometimes get some slight cash flow in the B neighborhoods of Columbus.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.
Jarret Jarvis
10 Smart Tips for House Hacking in Chicago: Find Your Perfect Investment Property
4 January 2025 | 0 replies
Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
If you're okay with that, you can buy in just about any MIdwest city, just make sure you know the landlord-tenant laws.We've broken down the City of Detroit's 183 Neighborhoods, can share if interested.
Jenna Schulze
Best city to begin investing
8 January 2025 | 34 replies
My answer is: Invest in the market you know best.Within Dayton, there surely are decent neighborhoods to invest in.
Ilir Livadhi
New to the U.S., Experienced Renovator Looking to Start House Flipping
14 January 2025 | 8 replies
Drive around the neighborhoods to understand the lay of the land - if you have someone who will take you around and explain, better yet.
Walter Jones
Uhaul Report - Where people moved in 2024
11 January 2025 | 3 replies
Maybe, but so far the reports are about neighborhoods where people have real money.
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?
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
I would say you're rolling the dice with that neighborhood and the street trying to push LUX.