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Updated over 2 years ago on . Most recent reply

User Stats

30
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8
Votes
Britt Smith
8
Votes |
30
Posts

Most Popular Reply

User Stats

553
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616
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Joe Hammel
  • Real Estate Agent
  • Metro Detroit, MI
616
Votes |
553
Posts
Joe Hammel
  • Real Estate Agent
  • Metro Detroit, MI
Replied

@Britt Smith

Yep we have quite a few markets that have 20% annual appreciation for the past 10 years. I can send data.

My whole portfolio is here cashflowing $300+ per door in good locations.

Purchase: $80k-$130k

Rent: $1200-$1500

ROI: Double Digit

Cash flow: couple hundred/month

Appreciation: Double digit (for past 10 years, will gladly send data)

Location: C, B- (suburbs and certain markets)

We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

The bad reputation comes from OOS investors wanting $20k D market properties.

Investors can retire (FIRE) in a few years with these.

We love them.

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FIRE Realty Team - Keller Williams
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314 Reviews

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