
30 November 2024 | 6 replies
It's doubled and it doesn't appear to be slowing down!

2 December 2024 | 5 replies
Credit card debt can be a double edge sword because after the zero interest teaser rate runs out, you really have problems.

2 December 2024 | 11 replies
And the size of the duplex and bed/baths depends on the size of lot, location, and what we best feel would rent best and all the other factors.

2 December 2024 | 29 replies
Have you gotten out of the original hard money loan or still paying the double digit interest cost?

30 November 2024 | 4 replies
There is no bathtub, and it is only a one-bed one-bath 680sqft unit so I'm not sure if I'm overthinking this.

1 December 2024 | 25 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

7 December 2024 | 14 replies
I also have two smaller ones (both 2 bed, 1500 sq ft) that I'm building to hold as well.

3 December 2024 | 3 replies
Note that a few months after that date rates started to rise and quickly got to over double what I got on these purchases which would significantly increase the P&i.

29 November 2024 | 1 reply
Purchase price: $72,000 Cash invested: $95,000 Sale price: $140,000 househack double What made you interested in investing in this type of deal?

29 November 2024 | 10 replies
Double check to see if that works.