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12 January 2025 | 10 replies
The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.
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5 January 2025 | 17 replies
Finally, network with other investors and start small to gain experience.
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9 January 2025 | 5 replies
I have been stuck in the analysis paralysis long enough.
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10 February 2025 | 59 replies
The carrier name listed in your quote wasn't the final carrier and didn't come up in an AMB rating search.
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22 January 2025 | 56 replies
We see it all the time with the conversations on what cars/vehicles folks drive :) here in BP there is a badge of honor to drive a 20 year old 250k mile car/truck :) Myself I saw my dad do some of this although he never got to the utra wealthy stage by a long shot but made good money in RE however it was not until he bought old style timeshare in Maui that he would finally take a vacation..
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8 January 2025 | 12 replies
What are you looking for in terms of help rents, market analysis, or bit of everything?
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9 January 2025 | 1 reply
Of course, all channels can work.. from seller financing to foreclosures.. but from my 30+ years in real estate, I’ve found focusing on cash flow analysis tends to pay off more reliably.So here’s the big question that might help steer your next steps.. what do you think would make landlording less stressful for you.. a property manager, or maybe a smaller property until you get more comfortable?
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27 December 2024 | 6 replies
I'm looking for deal analysis for flips.
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8 January 2025 | 1 reply
As I studied earlier, the first thing you should do is marketing, then get a call and do a property analysis to understand if it's profitable for you, then meet with the seller and sign all the necessary papers, then if there is a debt in the bank we do a reinstatement quote, then do a title search to check if there are any hidden debts, if everything is fine we look for an investor or flipper and sign an assignment of contract with him and wait for closing to get our money.
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16 January 2025 | 18 replies
I ended up having to pay for their tax preparer’s time to (finally) meet with me and make corrections.