Hey Celine, great questions.Our firm invests in Michigan and Ohio, with 90% of our holdings in southeast Michigan.

Investment Info:
Other commercial investment investment.

Bought the facility in the fall of 2022. There was a disconnected phone line, no website, people living in motorhomes illegally and only about 50 per...

I was involved in two small infill developments in Michigan (about 15 houses in total) so two very small parcels. 

@Peter Tverdov it depends on going wages in your marketplace.I would imagine labor costs are much higher in NJ than in MI.

But you still have to eat today.Buying in  Ohio, Indiana, Missouri, and Michigan might be cheap and you can make a little cash flow but, the trouble with vacancies, trashed properties and evictions off sets a lot of that.What I have found, is that by buying decent properties in decent areas, before they even get listed and taking over the current financing at 3% or 4% provides cash flow in almost any situation. 

Quote from @Matthew Giblin: Hi,I'm into several markets where we wish BRRRR properties in Detroit MI, St Louis MO, Baltimore, MD and Columbus, OH. 

We have driven through Michigan City, Gary and South Bend. 

I'm out of Lansing, MI and we are a great market for cash flowing, $150k - $200k type 2-4 unit properties.

And saw an opportunity in the Grand Rapids MI market.Property 1 - BRRR 100% in single family home that is being rented out with a COC return of 12%...

Quote from @Cory M.: I just got billed $365 by my property manager for replacing a toilet fill valve and supply line.