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5 January 2020 | 24 replies
Also, A&B areas are the northwest side of the city.....logan square, bucktown, Avondale, Irving park, etc.People have to invest based on their comfort level not based on how good or bad a deal is because if you can't stomach the risk then you will cave early and lose.
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21 December 2021 | 38 replies
I stopped at home depot, and they certainly seemed sturdy enough not to cave in at the small grout line points where the tiles meet.
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2 December 2013 | 15 replies
Lived there a year as a roommate, only heard/saw this tenant maybe 5 times in a whole year.Tenant/roommate was absolutely delightful and friendly as could be when I saw them, pleasant conversation, interesting, great personality.Quiet as a mouse.
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23 February 2017 | 19 replies
I closed on #37 this morning. it's located in westland. the surrounding cities are Canton, Garden City, Livonia, Redford and Plymouth.it's very different than what we normally buy to a point that it's unusual for us. we always get 3 bed brick ranches with a basement (see the website in my profile to see a list of them) but this is a bi-level. that means that once you enter the front door, there is a landing - then stairs UP and stairs DOWN. the rooms are upstairs and the dining/kitchen are downstairs. no actual defined "basement".the living room is upstairs and it will be converted into a 4th bedroom. an extra room means more rent for me.here's what the numbers look like:purchase price - 72k cash (they were asking 79k)rehab - who cares, but around 12k,i'd guess. maybe 15k. the bank had to change the roof since it was caving in.taxes - ~3k, maybe lessrent - $1,250 (no garage, but a shed)ARV - i dont know, maybe around 110 (but i dont care about arv)we just updated #31 and have a few just waiting for us to get "free", but that does not seem to happen. so i am just holding 2 vacant at the moment.between updating flips for other investors in Plymouth, baths for homeowners in Northville and basements in Livonia, it's hard to find the time to work on all our houses.it will cashflow nicely, around $350, maybe more, maybe less. at this point, i am more concerned about the number of rentals to increase as long as there's a cashflow over $300. fifty dollars a month is not a deal breaker. i still self manage everything, have an assistant that rents them out. i have developed a team and a system that lets us crank them out consistently and at a very high quality. i do not like to have issues once rented and hate going back to fix things that we could have caught while working on them...so we take our time and change everything that needs changing.let me know if there are questions, i'll answer anything.
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13 June 2014 | 5 replies
I'm thrilled to be joining your ranks and excited to receive your comments and suggestions via this delightful forum.
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8 December 2016 | 8 replies
We went in with an all cash offer of $35,200 and, to our delight, the offer was accepted.
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21 September 2022 | 10 replies
Give a $5 bottle of Red (Cave & Cove Cab).
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20 May 2021 | 18 replies
Well, I'm delighted to report that I have indeed opened my very own care house and it has been steadily being filled (more on that later).
11 August 2023 | 18 replies
I would be delighted to discuss this topic with you in greater detail!
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30 July 2022 | 8 replies
Hey Ryan, I am an agent in the Scottsdale, PV, Cave Creek Phoenix area.