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31 January 2025 | 44 replies
Once my net worth gets high enough, I’ll probably 1031 into higher cash flow investments.In my area, a quality B class SFH is worth approximately 300k, so if I’m all in 240k, my net worth went up.
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2 January 2025 | 4 replies
Insurance companies are taking a close look at building materials, quality, and updates.
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1 January 2025 | 27 replies
Tons of people have the mini-consoles at home, but few have an actual arcade machine.After months of deliberation, we went with a 4-player machine from Quality Arcades with the track-ball and two light guns (ie, their top tier machine).
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9 January 2025 | 46 replies
Soon after the start of the new year of 2022 and when tax season started getting busy, their quality of communication and response time start to degraded extremely bad.
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14 January 2025 | 10 replies
@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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2 January 2025 | 13 replies
@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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5 January 2025 | 8 replies
Lots of investment in the region as well so hopefully quality job growth will continue.
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3 January 2025 | 11 replies
If the Transunion report verifies everything, and they meet my other criteria (credit scores, proof of income, background and eviction checks...) then we are good.In my 15+ years at this, I have found a very strong correlation of credit score and tenant quality.
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13 January 2025 | 19 replies
Time, Quality, or Price- you get two out of the three.
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5 January 2025 | 4 replies
Are their listings detailed with good-quality photos?