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25 January 2025 | 14 replies
-There is more rental income potential because of the large yards, by having a tiny house/renting out the garage/etc.
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20 February 2025 | 46 replies
I'm paintimg all my doors, cabinets, and baseboards semi-gloss, specifically so I can wipe them down easier.
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19 February 2025 | 32 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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29 January 2025 | 5 replies
The cost effective way starting is partner with an established wholesaler and they provide people to reach out to or pay for lists and do cold calling/door knocking yourself.
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19 February 2025 | 9 replies
A letter is going out the GA Board of Realtors to warn other real estate agents if their buyers are in bed with Insula, to head for the door.
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24 January 2025 | 6 replies
The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.
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28 January 2025 | 3 replies
Homes are affordable and we're seeing homebuyers enter the market with a lot of assistance available from the city.I’ve been investing in Detroit since 2019 while living in California and own 12 doors.
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25 February 2025 | 15 replies
I finally set down and counted doors for the first time in years a few days ago, and I have over 40.
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19 January 2025 | 27 replies
The contractor I hired finished the Foundation work in 4 weeks and tenant started reporting damages, thefts to items in Garage which contractor denied.
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18 January 2025 | 12 replies
The three single car garage spaces are vacant and not durrently being utilized and can be monetized through rent.