Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

49
Posts
18
Votes
David McCracken
  • Rental Property Investor
  • Rochester Hills, MI
18
Votes |
49
Posts

Metro Detroit investor looking to expand portfolio

David McCracken
  • Rental Property Investor
  • Rochester Hills, MI
Posted

Hi all, I'm in a little bit of a rut at the moment. My RE investing started off with a bang; I found a duplex in Ferndale, MI for just under $200k that's giving me about $1100 in cash flow every month. I want another one just like it, but the multi-family market seems very dry at the moment. I'm very partial to multi-families, I think it's one of the best ways to achieve great cash flow.

What's the best thing to do in this situation? Should I try looking for off market properties or wholesalers? I'm in a bit of a rush because I'd like to close in the summer to take advantage of the high demand for rentals. Thanks!

Loading replies...