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Results (1,507)
William Ware My first two deals in the Motor City
17 July 2009 | 7 replies

I would like to get your feedback and ask a few questions about my first two deals..in metro Detroit.

Deal #1
2/2.5 townhouse with 1550'
1 car garage
Built in 2005
Sold new $140,000
Paid $50,000 cash
HOA $130
Painted...

Robert Norman Some newbie questions
31 December 2011 | 14 replies
There are holes in the sheetrock and ceiling, some doors have been broken, the AC condensor, blower motor, and breaker box all stripped bare so obviously I don't want to jump in with a significant balance outstanding on the house.What I have been able to determine: the previous owner had been there 15 years and I'm guessing I will owe most or all of the 2011 taxes (about $2.5 K)My rehab estimates are around $12K, taxable value is at 70K (with homestead exepmtion), recent flips (same nighborhood) have sold for 80-90K.
Mark Kohn Noob question: Ok to buy negative cash flow but build equity?
2 May 2023 | 24 replies
They should be extra motors on your boat! 
Isaac Black New from the City of Angels, Los Angeles.
20 August 2015 | 2 replies
My ideal first investment would be a motor family home if anyone has any advice I would be more than happy to hear its.
William David Kelly The process of Appraising would be appreciated :)
14 September 2017 | 4 replies
It will have a Motor home garage.3.
Tyler Parish Duplex heating options - Shared or separate systems?
15 February 2017 | 6 replies
I would not do special motorized zone damper in a rental. 
Mark Kao crossroads of investing
19 July 2016 | 6 replies
If you are wrong and things motor along as they have been - you have a way to access off-market properties before they hit foreclosureWin-win
Nicole A. Furnace repair in Baltimore
4 November 2016 | 9 replies
I've had one estimate so far and the guy said that he "exhaust motor" needs to be replaced.
Mindy Jensen Psst! Looking to work for THE MOST AWESOME COMPANY EVER?
15 March 2016 | 20 replies
Hmmm, I'm thinking the motor city could become the BiggerPockets City!  
Scott Mac I am Pro Detroit but not ready to invest there yet.
25 August 2022 | 8 replies
That's relevant because the city that was the "arsenal of democracy" became "motor city," it has now  become in no small part "mortgage city" (there are people who's families have literally done that transition, across a few generations, from grandpa building the bombers to dad building the cars to kid putting together the mortgages).