Eyal Hevroni
$100k, 3 Bed & Big Dreams: Help a Newbie Find the Sweet Spot
14 March 2024 | 4 replies
Where these numbers are found, there is a very high rate of rent actually being paid.A little more about the area:We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
Travis Steinemann
WARNING: DO NOT TRUST ZILLOW BACKGROUND CHECKS
14 March 2024 | 23 replies
Require renters insurance naming you as additional insured at the time of walk-thru, require valid auto insurance for all vehicles to be garaged on your property, video all walk-thrus, require only the paying adult or adults to be named on the lease, do not require all adults living in the premises to be on the lease.
Kesha Hamilton
Suggestions needed for use of furnished 8-bedroom property
12 March 2024 | 3 replies
I was initially thinking to purchase it and use it as co-living space for workers at a nearby auto-manufacturing plant, but am considering what other uses would make sense.
Noelle Debruhl
How to get guests to sign Rental Agreement required by city
12 March 2024 | 4 replies
When I have stayed in AirBnB where they have me sign stuff usually it's auto messages that are sent out.
Tryn Mesarch
Second investment failed
12 March 2024 | 0 replies
We worked with a realtor that sent out auto-mailers from our local MLS.
Rick Turman
Four Square Method of Analyzing Rental Properties
12 March 2024 | 12 replies
I made an auto-populating spreadsheet that I derived from the same four-square worksheet, and I'm happy to share it with the BiggerPockets community.
Christopher Petrillo
Mojo Dialer Skip Tracing
11 March 2024 | 40 replies
If a property is in an LLC you are almost guaranteed to pull names and numbers of people not associated with the building at all, maybe even tenants, which will also auto-populate the owner names and change them at will with these incorrect contacts....can be a pain to undue.Overall in my opinion, can be great for individual skip tracing to reference other data, not so much for a large batch and sole reliance.
Pedro Magallanes
Strategies for New Investors
12 March 2024 | 13 replies
These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.
Cristo Rey
Methods, platforms or apps to automatically debit rental payment to tenants.
11 March 2024 | 3 replies
I'm a landlord and I will have a new tenant since my old tenant don’t want to renew the lease, So with this new tenant I want to use the auto-pay debit from tenant's bank account and send it to my account, in order to avoid late payments and stress.
Star Reid
My first deal questions !! - Finding 60k to fund deal - Mobile home in park quesitons
11 March 2024 | 11 replies
Another option I thought of was getting an Auto equity loan on my 2018 Ford Fusion.