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18 January 2025 | 3 replies
If you do something that is too high end or bold compared to what is available in the neighborhood, the exit could be very difficult
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14 January 2025 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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13 January 2025 | 15 replies
In addition to this, I've had 2 clients this past year tell me they used Airdna in '22 and '23 to see projected and estimated income and was drastically different than actual income made with very comparable properties.
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29 January 2025 | 107 replies
I originally found BP to help myself nagivate the waters of RE.
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21 January 2025 | 13 replies
The program is neither good nor bad, there's just different pros & cons compared to cash paying tenants.Have offered to schedule a call with you numerous times to try and assist you, but you seem to prefer posting & posting & posting - which will take so much longer:(What are the chances you'll actually invest someday, given how long it's taking you to do basic research?
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6 February 2025 | 10 replies
Financial Projections: Compare the projected monthly cash flow from renting (especially with an ADU) to the net profit from selling after costs.
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1 February 2025 | 14 replies
A lot more important compared to newer construction homes where you don't have to deal with certain things when it comes to either of those.Many other nuances but those are just a few that come to mind.
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27 January 2025 | 15 replies
@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.
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19 January 2025 | 5 replies
Interest rates between a HEL and a refi are comparable, the equity in the property is equal to the value of the property and I only need about 50% to purchase another property.
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20 January 2025 | 12 replies
As you begin your REI journey here is one tip I have for you:Use this website as you are trying to narrow down the places you want to invest in. https://www.areavibes.com/Its awesome because it gives you a "total livability score" & you can compare different zip codes & streets to others.