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8 March 2021 | 6 replies
When I see issues that scare away first-time buyers (foundation, termites) - I typically see an opportunity for better returns - because less seasoned investors will get spooked and I'll have less competition when I'm buying.That being said Bruce has a point - do you want to buy a car with a recently repaired transmission or the untouched factory part?
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19 March 2023 | 3 replies
My only concern with this is that if I raise it too much, it'll spook my tenants and they'll look elsewhere given there are pretty competitive rates for other houses and apartments in the area.
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14 January 2022 | 9 replies
The $$ people can get spooked by attorneys, families and friends, so be prepapred for it.
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20 January 2023 | 14 replies
They're good tenants, take care of the house, and want to stay where they are but they're likely to get spooked if I try to raise it too aggressively.
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30 January 2019 | 181 replies
I'm very spooked.
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15 July 2020 | 4 replies
The "I don't want to be a landlord" reason could just be to prevent you from getting spooked and walking away.
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30 April 2023 | 9 replies
Funny I was looking at that one as well but didn’t end up getting it.Not sure how short term rental would do there but you could easily get 1000-1100/month per floor on that home once rehabbed.Hamtramck has a huge influx of refugees from Ukraine currently and I have people calling me looking for rentals in that are almost daily.If you decide to do longer term rentals, feel free to contact me, I’ll get you a renter right away, free of charge.
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23 April 2023 | 4 replies
Hello everyone I am looking to invest in apartments in Ukraine with my father and was trying to network with anyone who has experience interesting in that country.
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2 May 2023 | 17 replies
This is a very logical question given the fact that inflation is still very high despite rate hikes, stocks are plummeting, crypto currency is down, supply issues are still affecting the world as a whole, fuel prices are at all time highs, and the political climate across the globe is tense with the Russia / Ukraine conflict.
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6 April 2023 | 7 replies
It’s in a great location, but there has been floods before farther down the street (it’s quite hilly) which have spooked people.