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30 January 2025 | 19 replies
I started with a house hack then purchased my own rentals/BRRRRs and now I own a successful 7-figure rental portfolio.
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11 February 2025 | 1681 replies
Yeah, I figured he must delete the negative ones.
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19 January 2025 | 9 replies
You can find comparable sales in 2017 and use that dollar/acre figure to arrive at the fair market value then.
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17 January 2025 | 3 replies
However, if there is not an emergency or immediate need, then we will do our research on quotes or take our time figuring out how we would do it ourselves and make the time to do it.
17 January 2025 | 5 replies
I mainly was curious about what legal grounds we have in order to proceed, since the PMA doesn’t specifically state “agent won’t grant criminals unsupervised access to your vacant property”, I figured that was just given!
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10 January 2025 | 1 reply
Trying to figure out shortcuts will land you in the pokey.
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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?
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16 January 2025 | 4 replies
OF course, you may have all this stuff figured out, but the original post was vague.
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8 January 2025 | 9 replies
I did not want to simply rely on one source so I figured there are people here that would be up-to-date if such a manner was so as well.
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6 February 2025 | 28 replies
I’ll be keeping this in mind as I move forward with my own investments.Wishing you the best as you figure out a solution, which, from the responses that I'm seeing, are good solutions, but still tedious tasks to undertake.