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24 June 2024 | 58 replies
@Ashni Modi here's just a few of the major investments happening in Detroit$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute
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21 June 2024 | 11 replies
Hi all,I have a couple of questions related to security deposit reconciliation and return.
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22 June 2024 | 22 replies
All of the properties have the same reviews and same issues as my current property.
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24 June 2024 | 14 replies
Standard construction issues caused their project to push out a few months and California real estate being as strong as it is, my house sold in a minute.
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23 June 2024 | 7 replies
I have MLO and am registered but Not currently active but I keep up on CE each year so I can activate if I need to.. the main issue for me as an independent is the NMLS mortgage call report is so darn time consuming and intrusive..
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22 June 2024 | 9 replies
Since the population in these states is relatively small, many lenders avoid them.Face-to-face at local real estate clubs, found through Meetup, are your best bet.
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23 June 2024 | 3 replies
In general It sounds like a low enough LTV that it could even qualify for an instant issue and AVM (no apprisal.)
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21 June 2024 | 13 replies
For example, the unemployment rate, relatively low, is 6.5% versus MA's 3.5%It's been a long time since I was more familiar with Springfield, so I'm not sure about the impact of the casino.In general, similar to other working class cities like Fitchburg, in Springfield I'd imagine you'd fine the following conditions:- Attractive Cap rates- Medium vacancy- You're paying a realtor or property management company to find tenants (in higher end cities the tenants pay the realtor fee)- Section 8 tenants -- could be a negative or positive, depending on your view.
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23 June 2024 | 2 replies
No matter how much vetting you do, you will always run into contractor issues.
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20 June 2024 | 2 replies
Each series can own different properties, protecting each one from liabilities related to others.