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22 December 2024 | 21 replies
So you can really get an idea for the market and if a property you are looking at is properly priced!
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29 January 2025 | 107 replies
Like I mentioned in my previous post getting a PM who will actually manage your property properly will be very hard.
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22 December 2024 | 0 replies
While not every mentor is a guaranteed path to success, proper vetting through referrals, review of a mentor’s track record, and alignment between the mentee and the mentor can shine some light on whether or not this relationship is a good fit.
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14 December 2024 | 22 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
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29 December 2024 | 30 replies
As @Patrick Drury mentioned- the West Side does not have any POS areas (besides Lakewood, but it's only needed for previously non-owner occupied/rental properties) Something else to consider in Cleveland proper is Lead Safe Testing ..
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24 December 2024 | 9 replies
For house hacking, ensure rental and personal use are properly allocated for deductions.
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20 December 2024 | 27 replies
There are various other items that may come up such as: Proper firewall suppression, adequate entrances/exits for fire safety, stair safety, size of kitchen appliances, etc... for my specific example.
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1 January 2025 | 26 replies
With a backup plan, and proper (extensive) legal docs, much of the risk can be mitigated.
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30 December 2024 | 819 replies
You have to properly vet and perform thorough due diligence (which I didn't do a couple years ago when I first jumped in).
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19 December 2024 | 4 replies
I own 12-doors in Detroit proper.