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28 January 2025 | 3 replies
Detroit’s come a long way, and it’s only getting better.Here’s why:•Rental demand is strong.
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4 February 2025 | 31 replies
G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success
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22 January 2025 | 9 replies
I also don't want to focus on one market, and not be able to score the right property for who knows how long, and then end up missing out on other locations, as being a long distance land lord is very popular as well.
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10 February 2025 | 120 replies
Very conservative approach that protects the seller.There is a long thread that covers what I'm talking about atPace Morby Mentorshiphttps://www.biggerpockets.com/forums/79/topics/1001612-pace-...
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11 February 2025 | 15 replies
It is important that you keep the investment for a medium to long term.
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30 January 2025 | 4 replies
@Ryan Brown I've been a LL for a long time.
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31 January 2025 | 7 replies
I'd also think about long term-do you want to share your property with tenants and how will it affect resale value down the road?
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25 January 2025 | 2 replies
The president has zero impact on underwriting guidelines and zero direct control of interest rates. in fact the fed has no direct control of long term rates that effect mortgage rates.
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31 January 2025 | 4 replies
AirbnB, long term rentals, how large is the house, how many rooms... your message should be extremely specific.And do not neglect Pinterest.
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20 January 2025 | 15 replies
How long have you been using it?