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.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

Also, read below and save yourself some potential headaches:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.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.Here’s our OPINION for the Metro Detroit market (use as a template to figure out Grand Rapids area!)

Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all you tubular dudes and dudettes out there.What am I listening to?

This could include recent property tax assessments, insurance quotes or invoices, or any other relevant financial information.Another option is to contact a real estate attorney or financial advisor to review the escrow analysis and provide guidance on potential next steps.

I personally have a very hard time to the pushy sales tactic at the end of the day it’s someone biggest financial purchase and not my money.

I sent a property owner his financial report and I included my payout from airbnb in his numbers, mainly for him to see that we're not cheating him and he's getting his monies worth. 

Thank you  For DSCR Loans you are going to need to be 20% down minimum, however if you can qualify with conventional or maybe some local financial institutions (or go true private money), you may be able to find a higher leverage option

There is still 5 months to go but I want them to leave in spring (April) so I can put my place for sale.Questions-1) Willing to offer a financial incentive for them to leave. 

To protect their time and try to, you know make some money, many PMCs that do placements for less than one-month of rent, cut corners like:- Not putting it on the MLS or offering a ridiculously low split to other agents, so those agents do NOT show the property.- Only doing showings at specific days & times, leading to longer vacancies- Requiring prospects to fill out applications first, before scheduling a showing to protect their time invested/wasted (which turns off some prospects, leading to longer vacancies).- Charging owners for pics- Charing inflated application fees to make, you know, some money for their time spent- Some even charge tenants MoveIn Fees and other charges to make money.So, don't be short-sighted and expect PMCs to work for free!

I don't think there is any legal form that will protect you from liability for hiring unlicensed uninsured workers.