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9 January 2025 | 3 replies
Smaller SFH = less maintenance , there are lots of single looking for a place to live .
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3 February 2025 | 31 replies
They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.
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10 February 2025 | 62 replies
And possibly even more money back if you did some of the work yourselves.So now you have a new home that you're living in that has probably 25% equity in it, you have a cash flowing seller financed property with no maintenance because you've sold it on seller financing and they're going to be taken care of the property because it is their property but yet you still benefit from cash flow because you are the bank.
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5 January 2025 | 5 replies
Are you attending the RPOA annual Expo next week in GR from the 21-23rd... it’s free?
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15 January 2025 | 14 replies
The real estate investing industry uses "Classes" to rank property performance risk, but there's NO agreed upon industry model:(Here's what we use for our Metro Detroit market: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 February 2025 | 21 replies
I haven't had a renter's insurance issue, but have done this for maintenance items.
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5 January 2025 | 3 replies
Late fee is $77.50 and then the rent also is 1.5% after the first five days which take 18% annual and divide it by 365 to get a daily interest rate then multiply 1550 by that.
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4 January 2025 | 14 replies
Investors in these type deals look for say 12 - 14% annualized return.
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7 January 2025 | 5 replies
In previous roles, I was responsible for the asset management, capital improvement, repair, and maintenance of an ANG Fighter Base worth over $400M.
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2 January 2025 | 10 replies
Quote from @Elizabeth King: I have a property in my personal name that I plan to rent annually.