Mattin Hosh
Assist in Turnkey
9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------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?
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
Is it on a serviced road or ?
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
It’s worth researching to see if this might be a good fit for your situation.Lease Structure and Clauses: Work with an attorney to draft a lease with strong clauses for late fees, maintenance responsibilities, and other terms to protect your interests.Target Stable Tenant Profiles: While no tenant is risk-free, targeting tenant pools that historically have more stability (e.g., retirees, dual-income households, or tenants relocating for work) may reduce risk.Stay Up to Date on Landlord-Tenant Laws: Understanding your rights and obligations can help you navigate issues more effectively if they arise.That said, if the potential risks are keeping you up at night and the financial pressure of an eviction would be too much, selling may still be the best option for peace of mind.
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
Taxes, maintenance, vacancies, management are all different on each property.
Nicholas Dillon
Requesting that your mortgage insurance be dropped
8 January 2025 | 4 replies
It'll likely take a month or two assuming that the loan is with one of the large servicing companies that move at a glacial pace.
Rachel Payton
Insuring a 100 year old apartment bldg
3 January 2025 | 1 reply
The building is 100 years old, but solid with regular maintenance and updates.
Anjali L.
SSN for tenant
4 January 2025 | 6 replies
I’m trying to find a way to get her SSN, any service that provides the SSN search?
Corbin Wright
Advice please! I have a somewhat tricky question regarding AirDNA!
12 January 2025 | 8 replies
I would imagine that the hotel marks up their rates to use airbnb a little to offset their service fees, so the net is pretty close to what you would expect.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
My only complaints with their customer service are 1.