My strategy is fluid at the moment with some of the national current events potentially affecting my job.

Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"

In my area these are rare so they are difficult to set market rent, and I imagine get a lot of wear and tear with a lot of occupants living there. 

Purchase price: $50,000 Cash invested: $50,000 My first investment was a three unit deal for $50,000 cash.

Purchase price: $50,000 Cash invested: $50,000 My first investment was a three unit deal for $50,000 cash.

Perhaps that isn't what you asked, but that's my advice that I learned the hard way.

Quote from @David Mancia: My Name is David Mancia, and at the end of last year I finally took the plunge and decided to contact RTR to buy my first out of state property, and I was contacted by Ms.

Tyler, if you want to send me over your email, I will put into my 30 yr proforma and calculate the PITI and show your returns. 

Additionally, I’ll have the ability to pull equity out in the future to keep expanding my portfolio.Given my growing real estate holdings, should I even worry about my Roth 401(k)?

@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...