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15 December 2024 | 13 replies
Obviously you said you are very experienced so I'm sure thats based on that.
18 December 2024 | 2 replies
Total sq. ft = 4500.
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2 January 2025 | 36 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.
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22 December 2024 | 24 replies
And agree that any prediction is speculative because obviously know one can predict the future.
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20 December 2024 | 4 replies
Obviously it's a start but I don't think I can cash flow more than a few hundred dollars per property with zero down so what do I do next to keep growing my portfolio?
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18 December 2024 | 3 replies
Often times, if title notices there is no obvious access, they will note that as an exception on Schedule B.
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31 December 2024 | 20 replies
Value Creation FrameworkYou write well and it's obviously something of interest to you, but I still don't hear a "Why" in there.
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18 December 2024 | 6 replies
This obviously won't apply to everyone but most of us (military/vets) are pretty good at policing one another.
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11 December 2024 | 29 replies
@Matthew Mclean It's totally your call but my advise is to read the contract that they'll make you sign.
21 December 2024 | 18 replies
Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).When can/should I take the excess profits out and invest them?