All Forum Posts by: John Dusik

Probably pertinent info to know. That $153k would allow me to buy 2-3 rentals and cash flow close to the same amount/ maybe a little more each month.

I have a primary I have always planned to rent when I leveled up. We just bought our new house and after looking at the market I could sell for $153k profit or rent for $1100/month profit. I’m torn on what to do. Money in hand sounds great, but my portfolio strategy (even though it’s currently small) is long term buy and hold. This would be my 3rd rental property by the way. Curious what y’all’s thoughts are on the situation?

I am looking at a property to flip, and there is no drive way or dedicated parking. There seems to be plenty of street parking, but I’m curious if you all would find no designated parking a turn off to potential buyers? For reference, I’m in a suburb of Detroit with no real public transit, so everyone owns at least 1 car.