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18 December 2024 | 4 replies
Whether you’re looking at SFHs, duplexes, or other properties, it’s important to pair on-paper data with boots-on-the-ground knowledge to really get a sense of values.If you’re considering anything serious in Detroit, I’d recommend connecting with someone who knows the market inside and out.
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18 December 2024 | 13 replies
I finally was able to speak to her - she confirmed she's planning to be out by the end of the month.
21 December 2024 | 18 replies
I'll do that when I meet my investments are producing my final goal of $X.
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15 December 2024 | 25 replies
You should check if the bank feeds work with your bank otherwise, it's a deal breaker unless you don't mind manually doing the data entry.
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17 December 2024 | 2 replies
The combined entity would pose a significant challenge to other competitors.The offer is still under review by a special committee of Seven & I’s independent directors, with no guarantee of a final agreement.
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19 December 2024 | 10 replies
Then you are making that decision based on the data for the area and that unit..... not on who lives there already
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18 December 2024 | 26 replies
After inputting all the data, they provide a review that includes cash flow, Cash-on-Cash (CoC) ROI, and even a graph to estimate the property's growth through appreciation, yearly cash flow growth, and loan paydown.
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27 December 2024 | 22 replies
I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions
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16 December 2024 | 1 reply
I will have POA and will conduct a 80% cash out refi, which the loan proceeds will then be paid to the seller and the title would then finally be transferred to me.
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14 December 2024 | 13 replies
Curious some data points / arguments / etc. other BP users have used in the past to argue how and why a project would benefit the community.