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20 January 2025 | 22 replies
Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.
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25 January 2025 | 26 replies
Find out what buyers are purchasing on the MLS and then try to land those listings. ( Example: Research tells you after looking on MLS that 4 bed,2 bath brick house sitting on 1 acre with a 2 car garage and a basement for 250,000 make up 75% of all sales in the area.
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3 February 2025 | 56 replies
Your story resonates with me and my partners, as we too ventured into Detroit's real estate market, albeit on a larger scale, and have faced some significant challenges.In the early days of COVID-19, my partners and I invested in land in Detroit's vibrant Corktown neighborhood with the intention of building 42 townhouses and a 72-unit rental building.
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29 January 2025 | 21 replies
Hey Andrea, We purchase a single family 2 br on the west side 5 min from the airport and a popular hospital.
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23 January 2025 | 9 replies
And the cracks mostly follow the drywall seams from what I can see, which is typical....And as @Patricia Steiner said, it doesn't look like a pro installation....You could ask the Contr to use a flexible compound if this happens again, or maybe even now...https://www.dap.com/products-projects/product-categories/pat...Like everyone else said, I'd have it repaired - by a licensed Drywall Contr. - and then just check in on it.
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2 February 2025 | 20 replies
If for no other reason, it seems that I’d have a much better understanding of pricing our rental in general and a good baseline to make decisions in the future.
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15 February 2025 | 77 replies
And yes, I understand leverage, but what other people don't understand is that you borrow to purchase a house and then essentially have to pay it back one and a half times.
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10 February 2025 | 29 replies
The job consisted of replacing most of the front entrance, which consisted of 3 wood steps and a small platform deck the size of a standard refridgerator with railing.
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27 January 2025 | 4 replies
A first time wholesaler doing a "subject-to" deal is highly likely to be working with a novice real estate investor who doesn't know what they are doing, and a highly irresponsible, highly desperate, likely elderly seller, who doesn't know what they are doing.
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20 February 2025 | 22 replies
And a quick search U find they have no license so you know they are fakes without going any further..