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Updated almost 9 years ago on . Most recent reply
Real estate investor from Michigan
Hello Everybody,
My name is Pat and I am a real estate investor located in Monroe, Michigan. I have been active in real estate investment since 2008. I have done 8 deals and I currently own 4 cash flowing rental properties. I am looking to expand my network and learn from all of the great members of this site.
Most Popular Reply
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@Pat West focus is on new development and rehab of existing properties. Both commercial and residential. Everything so far is on the West Coast for me. It is a bit more difficult and heartburn than buy and hold but I feel the payoff offsets that hassle. The buy and hold stuff I focus on is solely commercial.
You are absolutely right that if you can find the right deal for a cheap buy and hold it will def pay off, especially with the rates and the increase in rents.