It's amazing how much you have scaled over the last five years. 

They want to sell based on the last 6 months to a year of cash flow, but SBA needs to see more history.Overall, you stand a greater chance of using an SBA loan to buy a larger laundromat.

The median price in Detroit is up over 2x in the last 5 years.

Lastly is your listing details; they read with all the story telling and excitement of a furnace repair manual. 

But if you are ever in town on the last Friday of the month, reach out.

As those prices fluctuate, there is a builders somewhere putting his feet up waiting to see a market turn more active because the last thing he wants to do is start paying crews to build houses, that could drop in value while he's halfway through the build process and losing equity halfway into the project.

My posting and commenting has decreased significantly in the last several months but after the LA fires, I'm participating more. 

Do capital gains offset passive losses that the investor has, so someone really isn't paying a high capital gains tax as they thought? 

Last thing to look at (and right out of the pages of our client's own experiences) might be starting a transition of wealth in the form of using 1031 strategically to purchase property that your heirs live in until you pass and they inherit. 

I know people for last 10 years been doing that