Leroy K. Williams
Using existing property to create line of credit for flips
9 February 2024 | 4 replies
Even facebook will have several "Michigan" or "Detroit" based real estate investor groups.
Account Closed
Where to put profits from my home sale?
10 February 2024 | 21 replies
Its not likely that any one investment is correct, rather a mix of investments based on your long term goals.
Adam M.
GP Advice? Maintaining Communication With Passive Partners (When NOT in a deal)
9 February 2024 | 10 replies
Especially those that are not as close with us in our personal lives and are based in distant states.
Justin Goodin
👋I don't care about deals that were 'successfully' exited in 2021.
9 February 2024 | 15 replies
Or based on the real value from a strong NOI?
Trey Manfield
Hardwood and vinyl floor mismatch
7 February 2024 | 5 replies
What is your skill level on installation?
Vi Prich
Selling rental to pay off primary
9 February 2024 | 22 replies
I have regretted every single sale we have done.Learn more about your local rental market and the specific houses you are competing with.Put together some long term models, 10-15-20 years and consider appreciation, rent increases etc. and make your decision based on an objective analysis of your overall financial condition over that time.You will probably see pay increases over time, your primary will get easier to pay for and in a few years you will really appreciate the growing margin between income and expenses by keeping the rental.
Jeremy Porter
How Granite Countertops Can Elevate Your Rental Property's Appeal and Value
7 February 2024 | 9 replies
Here are some tips for a cost-effective installation:Shop Around for Deals: Look for discounts or promotions from local suppliers or consider remnants from larger projects to save on material costs.Consider Prefabricated Granite: Prefabricated granite countertops are pre-cut and polished, offering a more affordable option compared to custom-cut slabs.Hire Reputable Installers: While it may be tempting to cut costs with DIY installation, hiring professionals ensures proper fitting and longevity, ultimately saving on potential repairs.When it comes to return on investment (ROI), installing granite countertops can yield substantial benefits:Increased Property Value: Granite countertops are a desirable feature for renters, potentially allowing you to increase rental rates and attract higher-quality tenants.Long-Term Durability: Granite is known for its durability and resistance to scratches and heat, reducing the need for frequent replacements or repairs.Tenant Satisfaction: Tenants are likely to appreciate the upscale and modern appeal of granite countertops, contributing to higher tenant satisfaction and longer lease durations.The appeal of granite countertops to potential tenants can significantly impact property occupancy rates:Enhanced Aesthetic: Granite countertops convey a sense of luxury and sophistication, making your property stand out in the rental market.Competitive Edge: Properties with granite countertops often have a competitive edge over others, attracting more prospective tenants and reducing vacancy periods.Positive Reviews and Referrals: Tenants may be more inclined to leave positive reviews and refer your property to others, contributing to a positive rental reputation and sustained occupancy.By strategically incorporating granite countertops into your rental property, you can elevate its appeal, attract quality tenants, and maximize your investment returns.In conclusion, granite countertops can significantly enhance the appeal and value of rental properties.
Caroline Gerardo
Many Times I Said Don't Waste Your Money on LLC Vesting. Now this:
11 February 2024 | 30 replies
I'm talking about when you die, vesting in Living Trust allows stepped up basis to heirs based on the current value and you sell- this is about INCOME tax not property tax
Tyson Scheutze
Early Days of Auben Realty
7 February 2024 | 2 replies
Instead of sheet vinyl, we installed ceramic tile–later laying the tile in a brick or diagonal pattern for improved aesthetics.
Andrew Smith
Newer Investor in Northeast Ohio - ideally Duplexes
9 February 2024 | 7 replies
You have a couple of options to pull your cash back out of a property...delayed financing can be done immediately, LTV will be based on purchase price.