Tony Stephan
16 Unit Value Add Multifamily Update - Metro Detroit Market
15 April 2024 | 9 replies
.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!
Parker D.
Renting a property by the room?
15 April 2024 | 4 replies
I don't post my rooms anymore, since they're all taken by various non-profits in the area who know I run this business.
Rich Smallie
Accidental real estate investor
16 April 2024 | 3 replies
You may also meet someone that could be a potential business partner.
Norm Chrostowski
Calling FSBO's
16 April 2024 | 13 replies
Please , leave the real estate business and book yourself into the Comedy Club.
Jay Lam
Bank accounts for rent and security deposit
12 April 2024 | 4 replies
Is it stipulated in the tenant's lease agreement that both of you are designated as landlords, or is only one of you identified as the landlord?
Kyryl Sokolov
First-timer out-of-state, Cleveland vs Detroit vs ???
15 April 2024 | 8 replies
I understand that team with their boots on the location is crucial, so I am planning to fly there for couple of days/week and team up offline first and then do business remotely.
Jane Z.
Hiring kids for a rental LLC
15 April 2024 | 19 replies
Since we manage our rental properties ourselves, I told him our rental LLC should be considered as a business.
Peter Halliday
Software for notes
16 April 2024 | 14 replies
The note business ebbs and flows with the fluctuations of note volume.
Jarrod Ochsenbein
50th Birthday on Tax Day and signing docs! :) How appropriate
15 April 2024 | 2 replies
At least you can have an excuse not to do a party since you can say your busy with taxes :P
Caleb Black
How to Structure Multifamily Real Estate Partnership?
15 April 2024 | 1 reply
I'm current a junior in college and majoring in business marketing.