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Updated almost 11 years ago on . Most recent reply

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6
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0
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Alexander Lopez
  • Involved In Real Estate
  • Boston, MA
0
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6
Posts

What investment strategies have worked best in Michigan?

Alexander Lopez
  • Involved In Real Estate
  • Boston, MA
Posted

New to real estate investing, looking for some ideas and stories on what ways to attack this beast. I personally see myself buying and holding and flipping houses but what the heck do i know.

Most Popular Reply

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226
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102
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Kurt K.
  • Investor
  • in, MI
102
Votes |
226
Posts
Kurt K.
  • Investor
  • in, MI
Replied

For buying and holding:

Buying at a price below market and at a price where the property cash flows given market rents in your area and approximating cost of ownership.

Also, good tenant screening: doing sufficient due diligence of looking into your renters .

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