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27 December 2024 | 19 replies
There is a space for C and in some cases even D class tenants. 3.
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9 February 2025 | 173 replies
I've noticed the typical Silicon Valley hard-core tech startups have a disproportionately high male to female employee ratio, a large portion of engineers hold advanced degrees from big-name tech schools like Stanford and MIT, the C level execs all have extensive tech background even the ones that deal with the business side, etc. checking out online reviews is actually not that straightforward and without traps.
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27 December 2024 | 13 replies
Maybe the 600K property area goes from an A to B class area, while the 300K goes from C to B class?
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20 December 2024 | 28 replies
I have a C-Corp (no assets) as the Prop Manager to manage leasing and rental collection for all 4 LTRs.
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22 December 2024 | 14 replies
(1977, c. 914, s. 1; 2015-93, s. 2.)What I am most interested in is the "Trust Account".
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19 December 2024 | 50 replies
Upon information and belief, the member(s) of the Defendant have failed to observe any corporate formalities in that: a. b. c. d. e. f. g. 19.
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18 December 2024 | 4 replies
We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
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17 December 2024 | 9 replies
Quote from @John C.: I own about 70 single family homes in the Scranton PA area.
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16 December 2024 | 8 replies
@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------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?