All Forum Posts by: Rachelle Antoine

 I will look at a few factors, rent for area, total mortgage payment with property taxes( which can be crazy in Detroit), investment in neighborhood, I like looking into places where they are building homes and apartments that attract young professionals or families , and also looking at potential to make a single family home into a duplex or something can add an adu or transform a basement to a studio apartment!

 https://www.naca.com/faq/general-and-eligibility/ You can buy a  house or a multi family and house hack!

hey Nicolas! I've been house hacking and renting another room in home via Furnished Finder for Midterm rentals for the past year. I use furnished finder for leads and just started airbnb for midterm guests. I think house hacking is a great way to start your investment journey, much easier to come up with 3-5% down. And easier to buy a home with potential to rent out rooms or renovate a basement, add an ADU etc. I rented my home and have made about $1100 for my room which helped me renovate my basement! I just completed my renovation to turn my basement into a studio apartment that I will rent soon! Then I will rinse and repeat the process. I hope this helps! I think buying a primary, putting 3-5% down, look for a home with potential to either rent rooms or duplex, triplex or quad! House hacking is a great way to start especially in this market!

like 2 times a year, I am doing a house hack and renting to midterm type tenants like digital nomads so very simple.However, I would like to automate more when I buy my next one and will need a more automated process to help self- manage

currently using avail for taking payment and applications ( including backgrounds, eviction, rental history, history,etc); also allows for lease generation. There's more I want to automate myself!

I bought a primary house here( new build townhome) and currently turning my basement into studio so I can rent that out short term. Planning to buy another primary in a year or so!DM me if you wanna chat further!

I'd invest in New Center/ North End area- both upcoming areas, close to the city (8 mins) and a LOT of investment happening in the area. I would still take a look in person since Detroit is block by block. I live in the North End and I am very close to 3 major hospitals downtown, Wayne State university and CCS. There are so many students  and traveling professionals. I rented a room in my home this past summer to great tenant who was doing an internship in Detroit $1100/ month! I would say these areas are also great for midterm, great for short, decent for long term- very close to all that downtown & midtown Detroit has to offer! 

I hear many people speak of Detroit suburbs or the outskirts but not much about the inner city close to downtown. As someone who has lived here for the last 2 years, I have been in impressed by the amount of investment going in and around the downtown areas, much more opportunities to come in Detroit!

 agreed! would love to connect bought my first property here in Detroit to house hack very close to downtown/midtown and I love it! Would love to connect on areas you have invested in!

 Thank you! I just PM'd you!

Hello All,

I wanted some recommendations from a property manager in the west palm beach area. My mom is selling our family home but its been on the market for awhile. Her last property manager wasn't the best and didn't advertise the property anywhere but their own website.  I am unable to manage it as I live in the midwest area.  She is looking to make some cashflow from the property and eventually rent the whole property including the smaller 2 bed/1 bath as she would like to move back internationally. I would really like her to rent as I love this home and would love to keep it in the family.

I am looking for a stellar property manager who knows how to manage short, mid or even long term rentals. My mom currently lives in the smaller home (2bed/ 1 bath ) on the property.  The home is in The Acreage area of West palm beach 20 mins from the beach or downtown west palm beach. She is very close to a shopping center with Publix, gas stations etc.  I appreciate anyones help on good property managers! Thank you!  PS I couldn't add west palm beach int he location so I added Ft. Lauderdale as the closest)

https://www.zillow.com/homedet...