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2 January 2025 | 2 replies
I don't know how difficult of a task this would be, but suspect it would make for better quality forum content.
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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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11 January 2025 | 6 replies
.- Everyone's situation and goals are different but I would assume there are a few quality markets within an hour of where you are located in Florida that would check a lot of your boxes.
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6 January 2025 | 11 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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3 January 2025 | 4 replies
Screen them as you normally would - does their income substantiate their portion of the rent +/- a little for changes in what the housing authority will pay out?
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7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.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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9 February 2025 | 22 replies
Look at quality properties (not something that is cheap and looks good on paper).
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9 January 2025 | 13 replies
The others are just pre-screened, not a full application so it's a bit harder to say "you don't meet criteria" because I don't actually have a verified income, credit history or background check - just what they've said in the prescreening questionnaire.
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9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the 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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12 January 2025 | 8 replies
Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.