4 November 2025 | 23 replies
@Andrew Foster some decent advice here, but also some feedback from those who really don't have enough info to support their perspective.Many DIY investors price repairs on materials only and forget about labor as they do their own work.We're a PMC in Metro Detroit, but here's how our process would work:1) MoveOut Video & Pics used to create Scope Of Work (SOW)2) SOW broken down into Priority Categories:- Health & Safety- Government Required (municipality/S8 inspection requirements)- Property Preservation- Marketing Impact / Tenant Retention- Miscellaneous3) Bids obtained if we feel work will exceed Owner Approval Threshold4) Bid sent & discussed with owner to, "redline to their budget"5) Work begins once owner approves & funds6) Completion video/pics providedOf course, while this is going on our Marketing Dept would be doing a rental analysis & ad, and discussing with owner.
28 October 2025 | 0 replies
----------This week is absolutely chock-full of both economic and geopolitical action.We have:--Fed Interest Rate Decision--~20% of public companies report earnings, including: Microsoft, Alphabet, Apple and ---Amazon and Meta, giving insight into the health of the consumer.
18 October 2025 | 4 replies
It has not been well kept up, as the owner is getting old and has some health issues.
13 October 2025 | 16 replies
Centralized mental health is a necessity.
18 October 2025 | 7 replies
He has some health issues; he said he wants to have cash on hand to deal with them in the upcoming years.
24 October 2025 | 10 replies
In 2026, they should focus on launching the wife’s business (potentially electing S-Corp status), setting up a Health Reimbursement Arrangement (HRA) for tax-free medical reimbursements, and shifting family income strategically.
18 October 2025 | 3 replies
It has not been well kept up, as the owner is getting old and has some health issues.
16 October 2025 | 9 replies
Many leases do include a basic clause about maintaining cleanliness and sanitary conditions.However, If the mess isn’t causing damage or violating health/fire codes, it can be tough to enforce, but quarterly inspections are a good chance to bring it up casually and set expectations.
14 October 2025 | 2 replies
Unfortunately, what propelled it back to health was World War II.
26 October 2025 | 20 replies
You will be a millionaire by your mid 40’s, have retirement pay, free education- they may even pay your education bills, VA benefits health insurance and home loans, Key is you have to change.