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Updated about 6 years ago,
New Investor from Royal Oak, Michigan. =)
Hi there! I'm Christin, from Royal Oak, Michigan (north of Detroit). I am fairly new to real estate. I bought a single family home (750 square feet) in a neighboring town (Hazel Park) for $46,000 in 2016, paid it off in 2 years and now it's worth around $70K. I am planning to save up another $50K cash in the next year, sell my property and put all of that $ down on an apartment building for around $650,000. I am taking this next year and a half to research and learn as much as I can while I'm working and saving money. I am really trying to be patient!! =)
Side note- my husband also has 2 small single family rental houses (paid off), a building for his business (small mortgage) AND we have our house that we live in paid off as of this month! Yay! We're hoping we're in a good spot to make this happen the RIGHT way, with the least amount of risk possible. I'm really excited to learn as much as I can about real estate and meet other people with similar goals. =)