I called them back around an hour later and they immediately answered.We had a good conversation about some of my comments.

Don't be afraid to present a low offer, but have a conversation and provide a solid case for why this is a fair offer6.)

Would love to keep the conversation going and learn more from your experience!

Remembering that conversation, I decided to reach out to him.

I do know that you focused specifically on the "Triangle" but I wanted to create a conversation.

It would lead to less conversions, just keep that in mind.

Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

A basement conversion could make sense (either STR or LTR depending on how much work/headaches you are willing to take on).

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

I had this exact conversation with a borrower just a few hours ago, and it surprised us both.