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6 January 2025 | 2 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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6 January 2025 | 31 replies
Most commonly, laundromats are sold at a 3-5x multiple of SDE.
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8 January 2025 | 31 replies
This was extremely frustrating since he charges a pretty penny for closings.Based off my experience I would not recommend him for a 1031 transaction.
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11 January 2025 | 15 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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7 January 2025 | 5 replies
Lastly, I am extremely open to working with investors, or obtaining private funds as well.
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15 January 2025 | 12 replies
Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.
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3 January 2025 | 1 reply
Hey Rachel,I can't help you because of the location but you're going to have an extremely tough time finding insurance for that type of risk.
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7 January 2025 | 11 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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30 December 2024 | 11 replies
Quote from @Evan Ross: One of the most common mistakes I see with amateur landlords: attempting to build goodwill with their tenants.
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9 January 2025 | 13 replies
I have one property in an area going down hill and this is common.