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29 July 2021 | 216 replies
Bonus: by doing this you can also deduce which company is (probably) relying heavily on lapse-supported pricing and where the company's underwriting "sweet spot" is.I think even insurance salesmen would be surprised by the results.But, they shouldn't because it makes sense if you think about it.
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20 June 2023 | 15 replies
@Dan TranSure Dan.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-15% (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.
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17 March 2017 | 51 replies
People falsifying information seems to be the sweet talker mind set, from what I read from you guys.Thanks y'all.
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1 March 2017 | 78 replies
@Jay Hinrichs i see that humblebrag...and i envy your sweet gardening time!
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11 January 2022 | 5 replies
Of the list you provided, the sweet spots are Norcross, Lilburn and Decatur for small multifamily units.
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27 January 2024 | 0 replies
This was in the sweet spot that I want to buy in.
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28 January 2024 | 5 replies
If you would rather be more active, I recommend you start with a medium multifamily (8 units is the sweet spot) that is near your home.
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11 February 2021 | 18 replies
So I can take my own sweet time to rent it the way I like it and at my price.
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12 May 2019 | 39 replies
In my opinion (mostly based on reading BP forums for the past decade) the best markets for rental properties (turnkey or otherwise) are (in no particular order):IndyCleveland and other smaller Ohio cities like Dayton, Toledo, Columbus Kansas City Jacksonville Memphis - I get the exit strategy argument but there are some excellent operators hereBirmingham Louisville - Not sure of any operators though Charlotte __________________Seems like the sweet spot is 65K - 125K across the board.
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14 July 2017 | 9 replies
Thanks @Chris Dawson, that's a good sweet and simple rule of thumb to follow.