
24 February 2025 | 37 replies
Hi Zoe in Milwaukee, Wisconsin-You have $25,000 to invest and you would like to scale your portfolio efficiently and wonder what the best approach would be to do that.First off, congratulations on starting your investing journey and having $25,000 to invest.If you could find something near you with equity when you buy it, then house hacking will get you into a property with the lowest amount down--make sure to leave room for reserves and repairs in your budgeting and then refinance as soon as you can to pull money out to buy the next house the same way and keep the first and so on.If that is not possible near you because of prices or other factors, then I would look at buying a BRRRR in a market like Lansing, MI.

21 January 2025 | 40 replies
Quote from @Rupinder Singh: Quote from @Joe Maris: Regarding Baselane, does anyone know when they will have an app for landlords and tenants?

21 January 2025 | 3 replies
I can speak from experience as a student at Texas A&M, I lived in a 5 br/5 b house and I knew plenty of other students who lived in similar houses or "Ag Shacks" if you will.

16 February 2025 | 71 replies
For example, if the roof was "under insured", or if the ground moved below the roof support (I learned recently that earth movement is not covered under some policies, such as those on the bluffs of Lake Michigan falling into the water).

15 January 2025 | 15 replies
Quote from @Mary Peale: May I ask which amenities you added that you believe contributed to a revenue boost?

21 January 2025 | 8 replies
I am from Lapeer Michigan I am 23.

25 January 2025 | 15 replies
@Francis M., I left Anderson for a small firm that will do the actual taxes and then another company that specializes in tax strategy.

6 February 2025 | 42 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

13 January 2025 | 3 replies
@Mary Parsek you are pretty close with this forum but I would suggest posting this in the "Mortgage Notes" forums.