
20 February 2025 | 1 reply
You’d probably find “bigger discounts” from people who put a large amount down when they bought 2-5 years ago but have to move.

21 February 2025 | 5 replies
@Mickael Castillo It's worth a try, but IME investors like that will probably blow you off.

18 February 2025 | 1 reply
We will probably pivot one or both to be long term rentals.

17 February 2025 | 6 replies
The deck floorboards aren't in the best shape, so I should probably do that first, and the estimate I got last summer was $12000.

10 February 2025 | 12 replies
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.

22 February 2025 | 6 replies
He can probably help you find other folks in Detroit to help you.

19 February 2025 | 6 replies
That's a place where you probably will be DIY.

18 February 2025 | 1 reply
It will probably get flagged and taken down here

24 February 2025 | 0 replies
I probably have about $100,000 of my own funds to put up, (will need $500k Minimum) but don’t have the credit or the income at this current time (Just gut renovated my main residence).

18 February 2025 | 43 replies
A few things that newer investors should note:- it took 13 years to get there, you have to be patient- rents are high at about $1,750, so probably a quality neighborhood- looks like that is after vacancies, probably low turnover?