It's an amazing place to learn and grow in real estate.

What ever you're doing to find/buy/create deals is working.

We have seen a lot more of our investors selling their rentals than ever before in our 5 years as a company due to increasing costs across the board. 

It has been some of the best money I ever spent. 

As luck would have it, his business had grown significantly, and he was now more eager than ever to acquire the land.He made me an offer 12 times higher than his original one—and well above market value.

I know that I have to rely heavily on a solid property management company to not only maintain but to help find me deals as our relationship grows.

The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.

Part of the investment thesis was getting it for a bargain, then building an ADU complex on it as affordably as possible, getting it to cash flow, and realizing value on both the rental income but also property appreciation given the work going into it.If the property will really only be worth ~$1.70M once we are finished, I will likely just stop the project now and exit the house as soon as possible.If you do not get dollar for dollar for projects such as this, how would house flipping ever work?

It’s great to see this REI community growing, and I’m looking forward to learn from you and also share my experiences with you!

Feel free to reach out if you ever want to chat or bounce ideas around.