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Struggles of investing advice and help
5 April 2023 | 17 replies
Even in the areas I invest in Michigan within an hours drive of Ann Arbor, I use property managers and don't buy a new property without the property manager weighing in on market rent and the area the property is located.Basically, a good property manager is worth their weight in gold and you can find them by asking on Facebook groups for real estate investors in the area or asking local real estate investment groups.To Your Success!
La'Terrius Campbell
Cap Rate from Pro Forma
17 April 2023 | 6 replies
I'd check uninvolved brokers answer with the listing broker and put significantly more weight on the uninvolved brokers answers.
Kyle Curtin
How do you maintain balance with exercise/workout routine?
8 January 2023 | 7 replies
I lift weights 3X a week and have been ever since I was in my early-20s (before my early-20s I worked out off and on).
Adam Batcheller
Tenant wants to install ceiling fans
4 June 2019 | 56 replies
Regular light boxes won't support the weight.
Kyle Curtin
Househackers with new equity, What are your plans?
12 September 2022 | 9 replies
Due to the craziness of the market for the past year +, many folks (especially househackers) likely have a reasonable amount of equity in their properties from the rapid forced appreciation of buyers paying considerable amounts over asking.
La'Terrius Campbell
Cap Rate on Vacant Multifamily
14 April 2023 | 9 replies
Its only one metric and you're backing into it in this case so I wouldn't put that much weight on cap rate in this situation.When I underwrite deals for Net Lease assets I care about the cap rate.
Juan Quezada
Invest in a market that doesn’t appreciate
6 October 2020 | 23 replies
The only time starting cash flow is better than growth rate is if you are looking to retire immediately, or are someone who has an incredible deal flow system set up and is able to suddenly and rapidly scale from 0 units to 100+ units in only a few short years.
Mitch Bernstein
Negotiation Advice
18 December 2014 | 6 replies
Typically its seems that the offers and counter offers go in rapid succession the same day.
Kalhan Bhan
MFH House Hack in Pittsburgh-First potential deal
2 June 2016 | 7 replies
Older standard weight cast iron pipe may be wearing down after that long.
Samuel Qandah
DETROIT good area for investment for cash flow due to high price to rent ratio??
10 April 2023 | 7 replies
Detroit is a great place to invest so long as you understand what you are getting, all the pros and cons associated, WHERE you are investing (as detroit is a very block by block city in which values and things change very rapidly - block by block), and a solid team on the ground.