That’s the magic of real estate compounding over time, and it’s stories like yours that really highlight this.. from what i read in the street journal, that slow build often outperforms shorter-term stategies.From an investor-friendly agent’s perspective, being willing to dig into the neighborhoods (driving for dollars) and having a robust network.. from probate attorneys to local contractors.. can pay off big.

How high can housing prices in the City of Detroit go?

Easy access to the Shore Acres recreation center and the new middle school.A short drive to the new Whole Foods and the 4th Street corridor.

He gives an example of 123 Main street (total profit/total invested capital)/time in years.

Any recommendations for which cities and dates to look into as a starter?

I somewhat understand why the cities are trying to regular airbnb's out completely. 

@Christine VasquezHow high can housing prices in the City of Detroit go?

@Grace Tapfuma How high can housing prices in the City of Detroit go?

Does anyone have any experience with short term rentals in PCB? I would like to know if I could create cashflow from a studio apartment across from the beach. I don't know the NOI of a STR. I am trying to enter the sp...

Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.