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30 January 2025 | 13 replies
If you hate the process of placing tenants, it may be worth it to hire a property manager to handle tenant placement for you.I think finding a new tenant is a better long term strategy if you're confident you can find a higher quality tenant that will cause you fewer headaches.
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16 January 2025 | 13 replies
I price higher far out and bring my prices closer to market as dates get closer.
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18 January 2025 | 4 replies
Curb appeal for higher-end properties will be much more important, especially when it comes to marketing - most ads and main listing photos feature the front of the property.In this case, I would consult with a professional - i.e. landscape designer or stager.
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31 January 2025 | 12 replies
The setup and ongoing fees will likely be higher but you'll be able to leverage the account to buy RE so it's a tradeoff like anything else.Happy researching!
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21 January 2025 | 59 replies
Ironically the invested capital is often very similar for either. because your either investing capital in # of locations to scale, or investing capital in higher quality ie higher cost assets and operational items.
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8 February 2025 | 14 replies
If you want higher growth then Cleveland and Dayton type markets with $100-150k prices may be better suited.I would encourage BRRRRs after your 1-2nd so you can recycle your money.
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12 January 2025 | 6 replies
Keep in mind a HELOC rate will be much higher because of the CLTV and risk.
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15 January 2025 | 7 replies
HUD targets average rents for an area, so just like average school grades, this typically translates to Class C property rents.In our Metro Detroit market, the MAJORITY of the claims about getting higher than market rents can be traced to a Class D Neighborhood/Property.
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16 January 2025 | 10 replies
We’ve had a lot more turnover and higher vacancy rates across the front range than in previous years.