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All Forum Posts by: Tk Dugan

Tk Dugan has started 1 posts and replied 3 times.

Market Trends & Data

Post: Looking into Detroit but SO scared

Tk DuganPosted
  • Investor
  • Bay Area, Ca
  • Posts 3
  • Votes 1
Quote from @Joe Hammel:

@Michael Oliver

Metro Detroit has what nearly every single investor wants.

Couple hundred bucks a door (after PITI and budget expenses) , double digit ROI, and yes, the prices appreciate and you build equity.

You just have to know how to recognize it.

I cash flow $100k a year off 20 doors. Happy to send a screen shot of the break down to anyone who reaches out. It won’t allow me to attach a pic here.

 @Joe Hammel - an MI native partner and I have also been watching Detroit (and its resurgence) along with surrounding areas for a while - would love it if you would send that breakdown my way as well! 

1 Vote
Detroit, Michigan
Medium-Term Rentals

Post: Relocating to Georgia - Licensed Agent/Investor

Tk DuganPosted
  • Investor
  • Bay Area, Ca
  • Posts 3
  • Votes 1

Looking for some local legend's thoughts on the new dev (townhomes mostly) that's been sitting. One strategy of mine is to MTR (I'm getting my interior design license as well currently and will have the business up soon). Wondering if the markets already tapped out. If I have all the cash private lender and plan to refi 6-9 months out... I hear costs of labor currently are not ideal for BRRR... any major opposing thoughts?

Areas of interest: 

- Midtown, Old Fourth Ward

- Cabbagetown, Reynoldstown

- Grant Park

I have many segments/strategies prepared but am curious about this in particular one for these areas :D. Thanks in advance. 

0 Votes
Atlanta, Georgia
Land & New Construction

Post: Value Add Flip, ADU vs Dwelling Unit, San Diego, Imperial Beach

Tk DuganPosted
  • Investor
  • Bay Area, Ca
  • Posts 3
  • Votes 1

in connection with this discussion - does anyone know how long SFR add-on permits are taking rn in SD? Debating adding a level or pushing forward plus ADU in Oceanside. ! thanks in advance!

0 Votes
San Diego, California