
11 February 2025 | 15 replies
It sounds like you are in a really good spot right now and have a lot of options, I hope some of this info helps, or gives you a different perspective perhaps, I wish you all the best!

12 February 2025 | 11 replies
It would be a different story if I were endorsing a business that was not doing a good job.

3 February 2025 | 5 replies
If it's the difference between $1800 and $2200 but you have to cover utilities too, not worth it.

10 February 2025 | 20 replies
The key to success is understanding the nuances of the market—different neighborhoods perform very differently, and having a strong team on the ground is essential.If you’re interested, I’m happy to share some resources on investing in Detroit and what makes it work for BRRRR.

15 February 2025 | 15 replies
And keep in mind, each lender has their own maximum LTV and they can be different from one lender to another on the same property.

10 February 2025 | 16 replies
But a big difference when your costs stay mostly flat.) whether the property is positive or negative $100-$100/mo should make zero difference to you.

7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

13 February 2025 | 35 replies
It is a great site, but can be a bit daunting especially as you go down the rabbit holes of all the different options.

10 February 2025 | 12 replies
So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

6 February 2025 | 10 replies
How long it takes to be financially ready is different for everyone.