Leveraging my expertise in property acquisition and renovation, I guided the client through each step—from identifying the ideal property and negotiating the purchase to overseeing the conversion process.The conversion involved reconfiguring the existing layout to add an additional rental unit, ensuring compliance with local building codes, and maximizing space efficiency.

I pay myself and my wife a combined 120k/yr for this service (5-7 homes per year).2) My previous 19 SF BRRRR's are cash flowing 74k per year (P.I.T.I.) and in my current model, this Cash Flow is increasing by about 25-30k per year. 

We are/were hoping to put a $60-70k down payment on a higher-end 'A' new build property with Rent to Retirement as I really like their business model/community, rather than a smaller down payment on a refurbished property in a 'C' area.

Cash flow varies unit to unit and seasonally, but is consistently a viable business model. 

I again suggest going back and reading my actual words and statement's, detailing how the books are cooked, I never detailed illegal activity, I detailed an executive branch changing how data is compiled and calculated because they didn't like the result, so instead of changing input's, they changed the calculation models until results fit the desired narratives. 

What is your business model?

Equity splits, fees, preferred returns..all important aspects of underwriting and structuring a syndication deal.I first recommend starting with an underwriting model that is built to underwrite syndicated deals.

Leveraging Mike's local market expertise, we secured the property for $268,750.

I’m hoping to get specific details on this business model before making a decision to move forward and spend the money on the live 3day course ($5,000 for the course).

If anyone has any folks that they can refer me to with expertise in helping Canadians invest in Detroit, please let me know.