Polat Caglayan
invest in detroit
8 January 2025 | 5 replies
@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------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?
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
You don't have to update your photography often if you have killer photography, but you don't. 3.
Nathan Noorlun
Recommend Property Manager in Sacramento CA
15 January 2025 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Jane S.
Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
There is a flaw in the business model and thier internal processes need a lot of work.First the good,Yes, I got paid every month.Nomad found me good renters.Next the badDue to needing to make the guaranteed rent they rented my unit below market valueIn communicating with Nomad they were disorganized, often sending conflicting messages and not alignedNomad offered to find me a repair company, that compnany charged $400 for a $25 dollar part and I was stuck with Nomad saying "not their problem" and the vendor saying Nomad was the client not me.Nomad was horrible to my renters as their property management term ended.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
In the past I would often show investors 1-2-3 properties without a buyer's rep agreement as we got to know each other.
Bear Geiger
Purchasing Off-Market Property: How Can We Effectively Capture Their Attention?
28 December 2024 | 1 reply
However, we often facechallenges in sourcing suitable properties through traditional MLS listings.
Pete Resendez
A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
Way way too often Mrs. wants to stay, but realistically can't afford to stay with one income....and it is just a downhill disaster finacially the longer they stay.
Donald Hatter
Reporting Unpaid Rent to Credit Bureaus
11 January 2025 | 1 reply
I often have tenants who don't pay the last month's rent because they think the security deposit will cover what is owed.
Brendan Jones
First property advice
9 January 2025 | 9 replies
MTRs often have lower management demands compared to platforms like Airbnb while still generating higher returns than long-term rentals.
Gene Kim
Looking for flip opportunities in NJ
7 January 2025 | 3 replies
Hi, I’m looking to connect with realtors that often deal with potential flip listings.