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10 June 2024 | 40 replies
Now is not the time to be asking those people...terrible advice imo.
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13 June 2024 | 6 replies
Most people will take a solid cash offer over financing.
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13 June 2024 | 14 replies
Found out we were being lied to throughout covid by one of their office people , Kayla, (because we couldn't get hold of Terrance, btw) about our tenant not paying rent.
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11 June 2024 | 7 replies
They cover too large an area and will lead to you either getting take advantage of or making a costly mistake:(Investing in the City of Deroit should actually be done block-by-block.
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13 June 2024 | 2 replies
It's easy to tell the difference.Too many people think of these forums as a scratchpad for their ideas at the moment, but a one-sentence question is unlikely to get the best answers, and that should be what you are looking for.
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13 June 2024 | 29 replies
@Alex Johnson Detroit-Michigan falls in the middle of the pack regarding "tenant-friendly".As you start to build your Core Four, NEVER believe what people tell you unless they can explain it logically or provide 3rd party proof.Here's 3rd party proof that Michigan is in the middle of the pack:)https://realwealth.com/learn/landlord-friendly-states/https://www.lawdistrict.com/articles/most-renter-friendly-us...
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11 June 2024 | 6 replies
Any other possitive factors - stable tenant base - alarm systems - regular checks on the property - no pets - Lead safe certification - newer roof, plumbing, electric, etc..Anything to balance off the lossesBe prepared that it may end up in a non-standard (surplus lines) market for a couple of years.If you did not have flood coverage before, see if they will continue the current policy if you get Flood coverage and increase the property coverage deductible.
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11 June 2024 | 0 replies
These efforts boosted the property's value, leading to a successful sale What was the outcome?
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13 June 2024 | 3 replies
Hi @Rodney Swindle,To answer your first question, appreciation is based on how people value the property.
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13 June 2024 | 0 replies
Negotiation made a lot of things possible.Someone told me, "This is simple; these people are beginners."