All Forum Posts by: Adam Klugh

@Kyle J. Property managers don't take care of my properties the way that they should but I may have to submit to their crapiness. 

@David Faulkner and @Derrick E. 18k a month is comfortable, yes. But I'm not looking for comfortable. I'm looking for change in lifestyle. Want a strategy to double my  cash flow in 7 years

@Jason Chen I like your style most, except for when the U. S. Gov puts the brakes on it when it becomes too disruptive

I have 18 rental properties Free and Clear bringing in 18K a month and worth around $1.6 million. I happily manage them myself but I want to retire in 7 years at the ripe old age of 55. How do I do this?

Brock we should meet up. I'd like to discuss what you have going on, talk about your plans and see how I may be able to help

The rent to value ratios are awesome in Jackson Mi. There are only a couple areas in town that a 4-plex wouldn't work. My first house was a triplex house-hack in Jackson Mi and it still provides awesome cashflow. Ive move out and since bought 4 more single families. As far as rentals go, this is a great town to invest in.

Your home town Jackson is a great place to house hack. You can buy a duplex in a really good neighborhood for 100,000 that makes $1500+ per month.

Does that include ann arbor or jackson mi?

Interested

I mean, it depends on the specs on the unit. In that neighborhood, 650 would be standard for 2 bed 1 bath apt. But a nice area like that can get higher rents if the place you are renting is updated.

That's a good area. I tried to buy the duplex at the corner there last year but it was gone before my offer even made it in. I live right down the street from there. 

I'm familiar with the market and it depends on where you are looking in the city. What areas are you looking in?