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27 December 2024 | 4 replies
Here’s what I’m considering:I plan to call the mortgage company tomorrow to explore any assistance options they might offer.Should I look into selling the property?
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7 January 2025 | 16 replies
I'm going to start reaching out soon to a friend of a family member who owns a local PM group with roughly 1000 doors for lower income, just to pick his brain, but I can envision a scenario where if I needed to partner with someone to get my first deal and gain some creditability and experience, he may be willing to assist.
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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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5 January 2025 | 33 replies
Hi Nicholas we invest in Toledo and have a great team on the ground there that we share would be delighted to assist you if you want to chat
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20 December 2024 | 6 replies
People can remotely access the homes using your digital lockboxes, if you have them.
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18 December 2024 | 3 replies
You should be able to get a good feel for their knowledge and expertise through digital resources they provide (webinars, youtube videos, social content) Character - You need to believe they have your best in mind and they prioritize it.
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26 December 2024 | 21 replies
Then and only then will congress kill this idiotic legislation.Your prediction reminds me of a four-digit number: 1776
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2 January 2025 | 18 replies
"assistance dog" chewed up all of the doors.
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19 January 2025 | 354 replies
You anticipate that the winners provide much more profit than the losers, and you end up with a portfolio that produces a double digit return + a “salary” for your active participation over time.
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29 December 2024 | 24 replies
My "day job" is in digital marketing (corporate, not "influencer"), so that tends to be my sandbox ;-) Thanks John!