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All Forum Posts by: Jason A. Smith

Jason A. Smith has started 8 posts and replied 33 times.

Post: New member from Michigan

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11
Will dive right in Eric, Welcome.

Post: Hello from Detroit Michigan

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11
Welcome Mark! There's so much to get from this site. Good luck and looking forward to seeing you around.

Post: Pros & Cons 2 Bedroom Rentals

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11

Thanks for the lead of information @Kerry Baird

Post: Pros & Cons 2 Bedroom Rentals

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11

Thank you @David D Painter. Very informative.

Post: Pros & Cons 2 Bedroom Rentals

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11

Thanks for the encouragment @Joshua D. I like the idea of buying really low in a good area and still pricing for a profit at a price that will get a lot of looks.

Post: Pros & Cons 2 Bedroom Rentals

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11

@Mike Wood Thanks for the comment Mike. I don't really intend on doing a lot of them. I would get one to start and a second would have to be a really good cashflow deal. I did have 2 bedroom flat before and they did well. The family going thing is something that I did not think about. This area is really diverse as far as family, seniors, singles etc.

Post: Pros & Cons 2 Bedroom Rentals

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11

@Account ClosedThanks for the comment Michael. The exit strategy of renting is putting it up for sale.  

Post: Pros & Cons 2 Bedroom Rentals

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11
I'm looking for rentals in the Redford Michigan area. My budget isn't very high (30k) and some 2 bedrooms keep showing up in searches. My question is "it worth getting started with 2 bedrooms with the pros and cons that come with them"? Don't hesitate to list them. I have rental experience in the past and I think it might be a pretty good way to get some Cashflow going as I restart and grow my portfolio. Help me out. Thanks in advance and I look forward to your comments.

Post: New member from Michigan

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11
Welcome Justin! Bigger Pockets is where it's at. Plenty to learn and money to be made. Good luck!

Post: New and need advice!

Jason A. SmithPosted
  • Redford, MI
  • Posts 35
  • Votes 11

I would say keep your options open. It is better to use other peoples money when buying. That way you let your money work for you.