Investor · Detroit, MI · Member since 2014 · 360 posts · 354 votes
9y
are you self managing or you dole it out. Is there still lots of starter home inventory out that way...in MH and Warren its all overpriced and beat up.
are you self managing or you dole it out. Is there still lots of starter home inventory out that way...in MH and Warren its all overpriced and beat up.
Self management. Have never had an eviction yet. Must be doing something right
are you self managing or you dole it out. Is there still lots of starter home inventory out that way...in MH and Warren its all overpriced and beat up.
Self management. Have never had an eviction yet. Must be doing something right
I picked up my 15th unit in October...I never had an eviction. One tenant we parted leases because she was struggling to pay after paying easily for 18 months, so I let her out the lease early, she approached me actually she owed 850/mo and she could only afford 750, she found a place for 600. so hey it worked out.
Investor · Fort Worth, TX · Member since 2016 · 21 posts · 15 votes
9y
Congrats @George P.! I am looking into the BRRR strategy as well and plan to shift from fix and flips to keeping at least every other property for the BRRR method.
What do you look for on the MLS to find these deals?
Congrats @George P.! I am looking into the BRRR strategy as well and plan to shift from fix and flips to keeping at least every other property for the BRRR method.
What do you look for on the MLS to find these deals?
i look for what i would like in a home in our area. that's what everyone else likes. that criteria will be different than yours, but the more you do, the more you will hone down the "must haves"
for me, it's a basement, 3 beds and a brick is a huge plus.
go to my website and see what i buy...they are very similar and in very desirable areas. this way, i can capture majority of the rental population.
Investor · Fort Worth, TX · Member since 2016 · 21 posts · 15 votes
9y
Nice looking website @George P.! I like the layout and the details once you click on a property to view. Looks like I will start finding what criteria fits my model and go from there.