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13 September 2020 | 18 replies
If they auto posted to Zillow and CL, that'd be nice.
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26 May 2020 | 4 replies
My properties now are on auto pilot.
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21 August 2017 | 14 replies
I lately feel like putting $1000 into a vanguard index fund and setting up a monthly auto deposit of $100.
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17 December 2018 | 4 replies
DAY OF CLOSINGPick Up KeysPick Up Hard Copies of Lease DocumentsPick Up Personal Property (as-needed)BUSINESS PLANMarket Lease RatesGarage / Parking Lease RatesOperating BudgetDistribute Entity EIN # UTILITY TRANSFER/SET UPElectricalElectrical - SCE Auto/Clean and ShowGasWaterSewerTrashTelecom SERVICE CONTRACT SET UPLandscapingLaundry Facility Service (DO NOT EXTEND CONTRACT - SIMPLY REQUEST NEW FORWARDING ADDRESS)Pest ControlJanitoiralPool CleaningFire Equipment (Extinguishers, Alarm Box, etc)Elevator Service ContractCourtesy PatrolWater Servicer Vendor RESIDENT RELATIONSNotice of Change of Ownship / ManagementChange of terms: RUBS, Pet Addendum, NSF, Late Fees, Removal of HVAC from WindowsDistribution of New Resident Keys (Laundry, Gate, Pool, etc) MAINTENANCE & OPERATIONSChange all Locks/Keys {Gates, Utilities & Laundry -- Standard Key}, {Office & Shop -- Special Key}Maintenance ShopTool AuditTrash OutStorage Room & Janitorial RoomsTool AuditTrash OutCreate Building Systems Project ManualWater Main LocationsBuilding Water Shut Off Valve LocationsWater Heater / Boiler Specifications & LocationsSite Lighting Timer or Photosensors LocationsPool Equipment & Timer LocationsGas Main LocationsElectrical Panel/Switch Locations
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16 January 2023 | 13 replies
(I’m local and my rental portfolio is here and performs very well)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
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31 August 2022 | 27 replies
I have four rentals and two personal residences and no LLC...I do have a $1,000,000 Umbrella policy that covers all my properties and autos
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17 January 2019 | 4 replies
@Fred BuechelMy personal preferences for Rentals:Detroit City - West side - Grandmont Rosedale, Bagley, AviationDetroit City - East side - East English village, E Outer, MorningsideMetro Detroit - East side - Eastpointe, WarrenMetro Detroit - West side - Southfield, Farmington, Inkster, Dearborn
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1 November 2020 | 16 replies
Credit cards, auto, personal loans, etc, are all cash draining debt.
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5 January 2018 | 31 replies
@Brian Adzadi that's what i get for login on to BP via cell phone auto correct does its own thing sometimes but, what about protection from lawsuits?
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7 June 2022 | 4 replies
I can send data.My whole portfolio is here cashflowing $300+ per door in good locations.Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.