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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.
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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.
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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.
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.
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12 March 2024 | 0 replies
We worked with a realtor that sent out auto-mailers from our local MLS.
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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.
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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.
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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.
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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.
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15 March 2024 | 93 replies
Ok… the agent elected to fire me… rather than provide the docs.I have a GREAT family doctorA GREAT tax guyA GREAT financial advisora GREAT auto mechanic EtcAnd there are dozens of jerks, thieves and idiots who have fired me ..or I them… Build your team slowly, with deliberation and keep track of who is willing to be very open with their actions.