All Forum Posts by: Bryan H.
Bryan H. has started 73 posts and replied 766 times.
Post: Managing a rental from another state withut a PM?

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Sounds like you are just substituting the word Caretaker for Property Manager. Except you have some input throughout the process.
If you give them 1 apt as compensation, you are only getting rent on 21/22 apts or 95%. For a couple percentage point more, you can relieve yourself of the responsibility and enjoy yourself.
Now imagine if your care taker needs to be fired, evicted, sued, etc. You will wish you didn't have an employee living in your apt.
Post: Metro Detroit Contractors needed

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Originally posted by @Rob K.:
For glass repair, I've been dealing with Pleasantview on 9 Mile. 586-776-4440
Thanks, I'll check them out when I get into town
Post: Metro Detroit Contractors needed

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Hey @Rob K. @Tom_MI can you offer any recommendations?
Post: Changing placement of door hinges

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Sounds like you need to turn the door frame and door around to the right side. Then you wouldn't need a custom door.
Post: How difficult is it to fill a small 4 bedroom?

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
I have a 1150 sf 4/1 no garage, no basement and it rents very quickly. I thought it would attract families. It's been getting couples and single dads. All depends on the market
Post: Based on Code - Can you build a Tiny Home to rent on Airbnb

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Is there a market for people who want to sleep in sheds? I guess it's better than the streets, but homeless people aren't using airbnb.com
Post: Metro Detroit Contractors needed

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Thanks @Michael Dundon , I'll check them out. If you don't mind saying, what do they charge for a new AC install, 2 ton?
Post: Metro Detroit Contractors needed

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
I'm closing on a property in Eastpointe next week and need recommendations for window/glass repair and HVAC (looking to add AC).
Thanks in advance
Post: Hold or drop price?

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Part of the problem could be people know you are flipping it. Zillow shows a purchase price of $168k on 2/28 and some old photos. From what I can see, the improvements include a new kitchen, paint, refinish floors. . . .then a $200k price jump 2 month later. They don't look at holding costs, transnational costs, financing costs etc, they look at your profit.
Buyers don't want you to profit, they don't want to feel like they are over paying for something. They want a deal. Make this a deal and it will sell.
Post: 9% return on your investment - North Carolina

- Investor
- Willow Spring, NC
- Posts 788
- Votes 284
Hi @Tasha Mckoy this needs to be posted in the Marketplace, maybe @Joshua Dorkin can help move it.
In addition, if you only need $20k, I'd try a P2P lending site like lendingclub.com or prosper.com. You may get better rates Good luck