
19 February 2025 | 2 replies
Quote from @Kim Huynh: Just was checking on the CT state lease on BP and saw that it hasn't been updated since 2019 version.

3 March 2025 | 1 reply
I ran the numbers, and everything checked out—the comps made sense, the cash flow was solid, and the upside was there.

10 February 2025 | 11 replies
. - The 13 unit I went in on has been almost 2 years and still hasn't had the framing inspection passed- All my taxes doubled on my rentals, so now my cash flow has plummeted. - I've had multiple vacancies, including one where the tenant left after a year and cost me $6k in turn costs.

26 February 2025 | 1 reply
main challenge currently is finding quality tenants that can go thru my screening process (600+ credit score, clean background check, etc.)

26 February 2025 | 3 replies
My broker used to allow me to collect my full assignment fee from the title company but now they're saying the check has to go through them first, and they want to take splits on it.

12 March 2025 | 18 replies
Check out this chart: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyMake sure you understand the Class of properties you are looking at and the corresponding results to expect.Metro Detroit has 132 cities, the City of Detroit 183 Neighborhoods, which we’re analyzing and classifying.

11 March 2025 | 13 replies
If you can’t get a referral, check your local bar association to see who is part of the civil litigation section.

3 March 2025 | 4 replies
It wasn't in this condition when I checked it a few months ago.1) holes in walls and bad patch job2) They super-glued a faucet knob which now doesn't work4) They bent a towel rod5) They dented the stove vent hood (needs to be replaced)6) They stained the butcher block and it cannot be repaired.

22 February 2025 | 0 replies
There have a number of forums discussing the All In One mortgage around using you first lien HELOC like your checking account.

19 February 2025 | 5 replies
Even after renting, you should check the market every month or so to keep an eye on prices, vacancy rates, etc.