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All Forum Posts by: Richard Dunlop

Richard Dunlop has started 7 posts and replied 715 times.

Originally posted by @Joe Villeneuve:

@Richard Dunlop Nice isn't it?

 I actually enjoy running the snow blower on my 160 ft long driveway at my 4727 Sq ft house that I bought for $16,000 that is worth today about $250,000. 

I cannot walk in the gate without thanking God for the house I bought sight unseen sitting at a computer in CA having never been to this area in my life. 

I lived in Orange County California (Tustin) where $150,000 will get you $4000 a month in cash flow easy. 

Just one major problem it has a minus sign in front of it!

I now live in Michigan where $150,000 can easily provide $20,000 a month in positive cash flow!

Some of my properties cost $500  and rent for $500 a month.  Why would it appeal to me to spend 100 times as much to get a tiny bit more rent?

Post: Get this Detroit property for the price of an iPhone or iPad

Richard DunlopPosted
  • Investor
  • Detroit, MI
  • Posts 755
  • Votes 461

Most things you hear about Detroit are not true.

Add Hubbard Farms to your list. What neighborhood are you in?