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13 January 2025 | 13 replies
Can your property actually afford a 90% LTV loan at 8+%?
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13 January 2025 | 15 replies
Sounds like a pretty cool property, good luck!
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2 January 2025 | 13 replies
@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------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?
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12 January 2025 | 12 replies
Hi @Stefano Vrolijk, my team and I help foreign citizens purchase investment properties all the time.
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12 January 2025 | 1 reply
I'm looking at buying turnkey (through a well known provider on BP), and would like an independent property inspector.
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7 January 2025 | 24 replies
Its not my account, its not my SSN and its not my money up and until the end of that tenants occupancy and the funds revert to them or to the landlord for damages.
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14 February 2025 | 161 replies
Flip properties.
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13 January 2025 | 17 replies
Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations.
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12 January 2025 | 2 replies
I don't know what his properties rent for yet but lets assume equal rent to my property.
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14 January 2025 | 9 replies
A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.