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21 January 2025 | 59 replies
I openly share the historical performance of my Detroit rentals for anyone interested.
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26 December 2024 | 3 replies
The return on equity is probably very low considering they are paid off so maybe explore refinancing or selling the lowest performing one(s) or your biggest headaches to reinvest in more lucrative deals.I noticed you also used a metric of number of rentals to attain your goal rather than $$$/month.
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26 December 2024 | 2 replies
Always perform thorough market research and verify the numbers on any property you consider.
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23 December 2024 | 5 replies
Quote from @Benjamin Finney: Chris, interesting niche on non-performing mortgages/ rtl's.
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4 January 2025 | 23 replies
though everyone at the closing could not believe that I was only 19 years old and buying their first duplex it made me feel really special and and good knowing I was performing better than anyone near my age group.
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28 December 2024 | 8 replies
It under performed, but it was my first flip.
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26 December 2024 | 14 replies
It simply means that you agree to let them perform a 1031 exchange which starts with the sale - not that you have to help them finish.
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26 December 2024 | 5 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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29 December 2024 | 11 replies
For example, Clearwater FL (famous beach and Phillies Spring Training) does have a 30 day minimum on rentals, making it essentially impossible to have an investment perform well.
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30 December 2024 | 15 replies
Unfortunately Good Cause Eviction passed last night in the city of Rochester, NY.I want to thank Council Members Lashay Harris and Michael Patterson for doing the right thing and voting “NO” on this largely performative legislation…that will only TEMPORARILY protect a small handful of city residents living in EXTREME under market rental units…But it will have broad and adverse negative consequences for the WHOLE community.