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Updated about 8 years ago on . Most recent reply

User Stats

102
Posts
44
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Kurt Hines
  • Investor
  • Michigan
44
Votes |
102
Posts

New Member from Alpena & Metro-Detroit, Michigan

Kurt Hines
  • Investor
  • Michigan
Posted

Hi Everyone,

I'm a new member to Bigger Pockets, by way of the podcast. (Just finished the wonderful episode 109, on Asset Protection.)

I currently have one rental, a condo in Plymouth, MI. Purchased in 2005 to live in, and turned into a rental once I moved out. In reality, it's been my course in what to do, and what definitely not to do as a landlord. All lessons well earned, and which I plan to make well worth the education expense.

I'm now looking to grow from 1 door now to 25-50 doors in the next 5-10 years, with the goal of eventually having replacement income. I'm very interested in Multifamily, though I haven't decided on my final direction yet.

I have a 6 month emergency fund in the bank, and will now be focusing on making my next purchase in 2017. I live outside of Alpena, in Northern Michigan (population about 10k, with a very slow population decline.) I may invest here, or in the Metro Detroit area downstate.

I'd love to network with local members, and I look forward to becoming part of the Bigger Pockets community.

Most Popular Reply

User Stats

72
Posts
31
Votes
Fady Fareed
  • Investor
  • Novi, MI
31
Votes |
72
Posts
Fady Fareed
  • Investor
  • Novi, MI
Replied

@Kurt Hines that is a good idea. You can also check my recent blog 

3 Things Every Michigan Real Estate Investor Should Be Doing

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