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16 December 2024 | 8 replies
@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------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?
12 December 2024 | 14 replies
No surprise, this, along with job growth (HP is a large employer) forces prices to stay high as demand creeps up too.
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13 December 2024 | 15 replies
Condo Conversion Bill impacting Hudson CountyCondo Conversion Bill Pocket Vetoed by Senate President
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11 December 2024 | 0 replies
The entity you select can impact everything from how you're taxed to how you protect your personal assets.LLCs are often the go-to for real estate investors because of their simplicity and flexibility.
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27 December 2024 | 93 replies
Charges have not been released online, but it was a forced entry.
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17 December 2024 | 12 replies
The Economic Development there is focused on building competitive regional talent, diversifying the regional economy, transforming Montgomery's image and building diverse community capacity.Major economic drivers to the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, major Amazon distribution, Alabama State Capitol, Alfa Insurance, Kinpak, H2 Pharma, Dollar General transport/logistics, Dow Chemical, and Conner Industries to name a few.
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11 December 2024 | 1 reply
.● Resident Impact.
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19 December 2024 | 22 replies
I'm sure there are plenty of paid mentors and coaches out there, but from personal experience its been the on the job 1 on 1 time with someone doing what you are trying to thats been most impactful to me.
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23 December 2024 | 24 replies
This strategy takes advantage of forced appreciation & favorable primary residence financing.
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13 December 2024 | 3 replies
The current use of the property as a two-family dwelling significantly impacts its value and marketability, which is distinct from single-family homes.The initial appraisal comparing your property to single-family homes is likely an oversight, as multifamily properties are evaluated differently due to factors like rental income potential and investor interest.