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22 January 2025 | 0 replies
Using the appropriate amount of lights and mirrors is a pretty low-cost way to really make the space feel custom.Unique tile installation patterns such as vertical stacked or herringbone.
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27 January 2025 | 12 replies
It was a big project in terms of the amount of work it needed, I just ran out of time with my lender going through the garbage with the contractor, finding a new one, and finishing taking the longest. other than that I would've let it sit on the market to get closer to what I actually wanted for the property.
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29 January 2025 | 22 replies
As a former house hacker myself, I'd suggest you try not to get too close (in terms of friendship) with your tenants - the tenant/landlord relationship can make it tricky to become friends.Do you have a price range or down payment amount that you're targeting?
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23 January 2025 | 3 replies
The amount of downpayment requirement insures buyers having "skin in the game".
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5 February 2025 | 14 replies
Clearly there is a sizeable amount of people consuming content about this stuff.Furthermore, there are literally millions of entry level rental properties in the Midwest.
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27 January 2025 | 2 replies
The listing agent did respond with a counter on this amount and offered $15,000 in seller credits.
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28 January 2025 | 14 replies
We agreed on a discounted amount and Blue Metrix stated in mid September that they were shooting for the second week of October to cash us out but even if they had to do it out of cash that it would be no later than the last day of October.
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7 February 2025 | 17 replies
Until the rates come down to refinance, the key for us is to limit the amount of turnover at the properties. 5K to 10K in rehab basically eats away at several years of cashflow.
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7 February 2025 | 25 replies
For those that have invested $10k have you thought about investing that amount with Grant Cardone..
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28 January 2025 | 10 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.