For Detroit properties specifically, the city assessor is aware that Detroit has the highest millage rates for rental properties in the state.

Hey everyone,
For investors who regularly hire contractors:
What’s your process for checking reliability and quality?
Do you:

Ask for project photos?

Visit previous job sites?

Request references?

...

I think it's one of the best ways for new buyers to get into the market!

What I recommend is working with an experienced broker who can get you the best terms across a wide variety of lenders and at be efficient/creative get the loan approved.

In my area the real estate market is shifting, with buyers prioritizing move-in-ready homes and suburbs continuing to outpace urban areas. Low cost flips seem to be moving the quickest. Are you seeing the same trends ...

If you're able to, house hacking is one of the best ways to start, getting a loan in your name so you get the lower interest rate, live in the property, and rent out the extra rooms.

At Rent to Retirement, we specialize in fully turnkey rental properties that are newly renovated or new builds, tenant-ready and professionally managed so you can invest confidently and passively from day one and often come with hefty seller concessions to really maximize the deal for our investors.We have opportunities across Texas, Florida, and the Carolinas, all in strong growth markets with solid cash flow and appreciation potential.Our company has earned over 300 five-star reviews from real clients and an A+ rating with the Better Business Bureau, which reflects our commitment to helping investors build long-term wealth through real estate.Feel free to DM me to discuss more.

Don't look now but the FED meets tomorrow and is highly anticipated to reduce the FED Funds rate further by .25%Most Mortgage lenders have already priced this adjustment into scenarios which is why mortgage rates hit the lowest point of 2025 last week. 

I gladly accepted the higher rate for the much higher loan amount.

If a lender takes 10 days to approve a draw or can’t fund on the timeline your contractor needs, you’re basically financing delays, interest, and change orders.My best results have come from working with lenders who:• approve draws in 24–48 hours• let you submit photos/videos instead of waiting for an inspector• understand ARV-based lending• and don’t nickel-and-dime every line itemA cheap lender who slows you down is more expensive than a slightly higher-rate lender who lets you move fast.