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2 December 2024 | 35 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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2 December 2024 | 33 replies
Especially as maintenance bombs increase in there detonations, the opportunities to acquire from failed operators is at the door step.
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3 December 2024 | 12 replies
It's a type of house hacking that's very effective to get your foot into the real estate investing door.
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10 December 2024 | 36 replies
I preach to everyone to avoid lenders that float your rate until the appraisal is back, it opens the door for a bait and switch.
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30 November 2024 | 6 replies
I've been investing there personally since 2019 and own 12-doors in Detroit proper.I lived on the ground there from 2017-2022 but now live back in California.To answer your questions... yes, you can still find cash flowing deals in Detroit.
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1 December 2024 | 377 replies
@Collin Schwartz so assuming an average $40k per door, that 1st 25 doors was ~$800k, you must have raised somewhere in the area of $200k cash of your own?
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29 November 2024 | 8 replies
Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.
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29 November 2024 | 7 replies
How about going upstairs, knocking on their door and having a neighborly conversation to start?
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2 December 2024 | 1 reply
You'll need to look at adding hurricane impact windows and doors throughout the home, and bracing all the framing members of the house with hurricane straps.
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2 December 2024 | 2 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.