All Forum Posts by: Cara Kennedy

Hey Howard, I'd love to see the details - though I admit I'm new and still figuring out my purchase strategy. If no one gets back to you soon about connections, I can get you in touch with some people in the area when I meet up with them on August 15th. Let me know. Thanks!

Thank you! So much of real estate seems to be limited only by ones own creativity. I'm so excited to get going in this field!

Good morning BP,

I'm new here and new to real estate investing and eager to start my first deal before the end of this year. Having picked a direction that I'd like to start - multi-family home, northwest metro Detroit area -  I'm interested in finding a partner to work with. I'd like to offer equity in a deal, however my strategy for investing will generally be buy and hold. Can offering equity in a deal like this, with a partner more experienced than myself, include the cash flow/cash on cash return? Or are equity offerings generally for cash returns upon selling?

Thanks for reading and have a great day!

Hey Paul, Good for you! I'm glad you shared this project insight. How is this going? I'm considering partitioning my home to build in a basement apartment unit. Have you found your rental has performed? Did you consider short stays or go more for the long-term lease options? I hope it's going well. I'm going to run the numbers on mine once I get someone in for a quote to overhaul the basement. Thanks for your time!