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14 March 2024 | 19 replies
Hi @Kaveh Narimani, I'm based in Southern California, but I have started my out-of-state real estate journey in Indianapolis.
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14 March 2024 | 3 replies
You can find a company that has flexible spending options based on the volume you'll be submitting, and doesn't charge extra for the double skip process.
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14 March 2024 | 0 replies
The leads are horrible and I've heard that some agents have had success getting out based on the new lawsuit selling one lead to multiple agents.
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13 March 2024 | 11 replies
Adjust your strategy to match the market.Find an add value and play the long term game.
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14 March 2024 | 8 replies
It depends on what your starting reserves are, but if you have enough for a down payment, I would look into DSCR loans for financing, as you can qualify based on the property's cash flow as opposed to your own personal income.
14 March 2024 | 3 replies
can put the property under due diligence and check with the county if its possible to get a variance for the multi and settle based upon that contingency
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14 March 2024 | 4 replies
I've also built and seen others build a lot of equity in that time.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the "sweet spot" in Metro Detroit.
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14 March 2024 | 11 replies
Choose your investments based on their growth potential and their risk.
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14 March 2024 | 2 replies
The PP is around $72k but current value range is around $140k+ based on recent comps (not a lot in the area though).
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14 March 2024 | 16 replies
We just chose decor that fit the idea of a nice lake house.Sometimes a place can just design itself based on location.