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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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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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7 January 2025 | 27 replies
S8 standard voucher amounts INCLUDE all utilities.
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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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13 January 2025 | 4 replies
Investment Info:
Single-family residence fix & flip investment in Success.
Purchase price: $55,000
Cash invested: $25,000
Sale price: $119,000
Bought at around $50k
Fixed up at around $20k
So...
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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.
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7 January 2025 | 5 replies
I think it is very important to get the actual rental history of the prospective tenant before renting out the property.
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12 January 2025 | 7 replies
@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.
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19 January 2025 | 51 replies
We have 7 units across 3 different properties.