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6 January 2025 | 14 replies
Unless a MH is put on a permanent foundation on an actual privatley owned lot, the majority of mobile homes depreciate in value over time.As @Greg Scott mentioned, you can find cashflowing deals if you know HOW to look.
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7 January 2025 | 8 replies
One tip is to start looking into meetups to connect with investors / others in the REI game (in person/online).
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7 January 2025 | 22 replies
Insurance cost for weather-related disasters is growing to a major concern in many of the southern markets.
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7 January 2025 | 4 replies
Outside we had trees taken down that were going to cause major future problems with the roof, gutters and the view.
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8 January 2025 | 12 replies
@Nick WimmelYou can get decent cash flow and demand for rentals is likely to stay strong in the area given the proximity to major job centers in Cincinnati and Dayton
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14 January 2025 | 39 replies
I will also say that the majority of our clients focus syndications (even if it's through a fix and flip fund) given that it is just much more scalable than doing one-off raises.
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2 January 2025 | 8 replies
You MUST understand this as the suburbs are usually much nicer than the city.All of these challenges are why we have a map of Metro Detroit on our website with the cities in Macomb, Oakland and Wayne Counties listed, as well as 183 Neighborhoods in Detroit.The majority of the 48235 zip code is Class C, the question is, do you understand what that means?
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15 January 2025 | 10 replies
,While no investment is completely passive, proper real estate investing should be relatively boring.You asked about the process and major considerations.
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10 January 2025 | 16 replies
.- It's very difficult to argue about travel being a business expense if you're just going to look at properties, I would argue against it in a majority of cases.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.
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27 January 2025 | 23 replies
@Jake AndronicoAs desirable areas near city centers become more expensive and densely populated, there will be a resurgence of suburbs located approximately 10-30 miles outside major cities.