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17 March 2024 | 15 replies
Seems like the better plan would be to go to the city council meeting and prove to them that you are not running a STR.
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16 March 2024 | 11 replies
It just happened that im in the process of purchasing 2 properties this month. 1 is a rehab, that I plan on keeping for my self for a bit then selling.. the other is an invest property non owner occupied thats a 3 familyThe rehab I need to purchase out cash 105k and another 15k-20k to repairThe rental property I need to put 25% down and closing is around 70kSo I need 175k to purchase and another 30k to repair both properties I have 90k in liquid in a savings account, 230k in a 401k made up of the funds and stock and about 330k in my companies stock account..My plan was and not sure if this is the smartest way .. hence why I'm asking here!
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16 March 2024 | 3 replies
If you own a condo in one, are you planning on selling it?
16 March 2024 | 3 replies
The road is not in, the water main not installed, the sewer main and laterals not installed, etc.Just having the engineering done, and the plan approved, adds significant value to the land, and makes it attractive to a developer who now, doesn't have to go through all that work.
16 March 2024 | 14 replies
When you speak to them, see what their plan is, and what is most important to them.
13 March 2024 | 3 replies
My concerns and focus in this phase of my life is long-term financial planning - retirement etc (46).I dont have any retirement savings except my job offers a State Pension and I own 2 single family houses.
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15 March 2024 | 1 reply
Algebra and Geometry books on how they relate to REI.Proper knowledge on ho to analyze marketsThe importance of learning as many different strategies as you can, and then knowledge about those strategies, how, when and where to apply them, and the math behind them.Learning what a REI Plan is, and the difference between a Plan, Financial Goals, and the steps that lead you from where you are to your financial goals.The most important knowledge, is how all of this goes together.Now I've already done all of this, and more, but these are some of the most important things that are lacking out there.
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15 March 2024 | 8 replies
@Deonte HillInvesting in a condo may be a wise move, provided that it fits within your financial plan and investing objectives.
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19 March 2024 | 46 replies
I’m already submitting offers for my second property and plan to scale to 1 flip/month, which at my current pace seems more than doable considering the amount of leg work their system offloaded with my first deal.
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16 March 2024 | 5 replies
@Greg Heden here's a funny story along your question.Seattle investor came to City of Detroit and his plan was to over-improve Class C rentals to get the "best" tenants that would appreciate the higher quality of home, pay above market for it, take better care if it, stay longer to reduce turnover costs and avoid rent nonpayment issues.After 2 years of trying to do this on his own, reality won and he hired us (we initially spoke with before he started and warned we didn't think it would work).