
3 December 2024 | 0 replies
I attended middle school here and spent many years growing up in the area.

5 December 2024 | 7 replies
The rent-to-price ratios here make cash flow realistic, and there’s a lot of revitalization happening that adds appreciation potential.Detroit’s population is officially growing again, and there’s strong rental demand, especially in neighborhoods seeing more development.

5 December 2024 | 11 replies
As your base level of knowledge grows, you will start to develop a clearer picture on the things you want to do, and where you skill sets lie, which can narrow down who you may want for partner.

3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

1 December 2024 | 377 replies
The fact that you are on BP at the age of 29 means you are way ahead of most.

2 December 2024 | 1 reply
Event with all that the sale prices have been over the list price on average close to 1.5% over, which would seem a bit counter.If rates end up dropping a decent amount at all the prices could rocket even with inventory growing again.
2 December 2024 | 1 reply
If your student loans are only 3-5% interest, that's pretty good so I think it's okay to pay those off over time.It sounds like you're making good income with your current employer and there is room to grow, so I'd plan to stay with that job until you can pay your high interest loans off and save enough for a down payment for your first property.

17 December 2024 | 86 replies
The inheritance is a good thing to fuel a nest egg or retirement, and the fact that you received it at a relatively young age gives you some really good options for long-term growth through compounding interest.

7 December 2024 | 18 replies
Went to a community College for diploma, then worked, interned and got hired in her field of study before graduating college with a bachelor's last month with no debts in a growing field with high demand and six figure yearly salary.She bought a primary residence 2020 with 3% down and house hacked, which allowed her to live rent free for 2 years while tenants paid down the loan.

3 December 2024 | 7 replies
Investing relatively small amounts into many different funds, notes, syndications, etc and having a chunk of your capital grow that way.