If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.

It's one of the hottest markets in the US right now with some of the fastest population and job growth and companies moving and developing here.

Right now, the majority of lenders are hitting DSCR loans hard, which is a strong indicator that the BRRRR method is still going strong, even in a higher-rate environment.We always say, “Date the rate, marry the property,” meaning interest rates will fluctuate, but the right deal will always make sense long-term.

Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some property mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?

We currently use Hospitable for 12 properties, and it's working fine, no major issues, and I know they've been expanding with new features.

Hi everyone,I’m a Real Estate Advisor for a company that provides turn-key investment properties for investors who want to own assets but prefer to avoid the day-to-day management.

Do you have a management company who will take over operations or is your plan to sell?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

1st step is to make sure that the electricity is rated for having electric heat by the electric company.

That also plays a major role in what to do. end of day stocks and real estate over time provide the same return on average - so it is really based on the individual, their experience and desire Thank you.