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10 July 2024 | 3 replies
I have found a renter via one of the listing portals, so no need for the flat fee rental MLS listing service.
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10 July 2024 | 15 replies
this is why i no longer purchase for out-of-state sub 100k price.....if you keep buying and selling 5-7 years you are not going to hit the "capex" that's the trick I learnt from MFs.
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10 July 2024 | 17 replies
Especially when getting leads from insurance relocation companies you never want to say no!
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10 July 2024 | 0 replies
No longer.
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11 July 2024 | 6 replies
This Duplex was built in the 80s and has good bones but the HVAC systems will need to be replaced soon and there has been no major updates that have been done but this is one of the reasons why i bought it. i wanted to get the experience of being a landlord and renovating and managing multiple properties. but i have a few questions pertaining to the duplex house hack.
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9 July 2024 | 6 replies
We have no doc fees, no underwriting fees, or any of that.
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10 July 2024 | 2 replies
Especially if you're single with no kids yet...house hack.
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10 July 2024 | 32 replies
We're seeing a lot of investor demand for two main reasons:1) Folks are starting to realize Detroit's potential2) A lot of previously decent markets no longer pencil
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5 July 2024 | 6 replies
The answer is of course no one here knows until the future.
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10 July 2024 | 10 replies
to give some feedback, you will need to estimate the cost to repair the house; if you don't know how to do that, we just need some information of what the house needs and the sqft of the propertyIf the house is, as an example, 2500 sqft, and It looks like you are stuck in time back in the 1980s, but the AC is working, the roof is ok, and there are no foundation, plumbing, or electrical issues; I can assume maybe a $20 per sqft, so the rehab is about $50K to 60KIf the ARV is 290K minus 10% closing/holding costs, - minus 20% profit - $50K rehab, ideally, in this example, I need to buy the house for about $150K to flip it, but as a landlord, I may be able to pay a bit more, as long as rehab is not too much, and rental is about $3,000 to $3,500 a month