it is technically a real thing but very rare, and there is plenty of historical data out there that shows those who have less skin in the game are at a far greater risk of default by a factor of 5-7x.

So I require skin in the game (average is 5% to 15%) to offset this.

I am new to the real estate game and got my foot in the door by purchasing my first property as a live in renovation.

I learned about the power of leverage with real estate investments and now make 16k/month net after all expenses off rentals by doing a cash out refi on my primary residence to get me in the game.

All insight is appreciated :) @Deja Clark LOVE your willingness to jump in the game.

@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.

Networking is also crucial for success in real estate, so look for local investor meetups or connect with others online.

Take a close look at what other similar units look like on Zillow or other online listing sites and try and mimic them or exceed them.

Hi @Shan Randall,Welcome to BP and congrats on stepping back into the landlord game!

This also may be a good way to get an in working for someone with more experience since being a new wholesaler who doesn't even know where to start makes it very hard to start.Also, don't start telling people you are a wholesaler before you have marketing going out, a small buyer's list, and at least one property locked up because everyone wants to be a wholesaler, but it's not actionable until you are in the game.