
1 December 2024 | 25 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

2 December 2024 | 10 replies
My firm's office is based out of Yonkers also.

11 December 2024 | 101 replies
@Juan Carlos Gastelum As the world's greatest investors have taught us, making long-term investment decisions only based on tax policies isn't a good idea but it sounds like that's not you're only reason for investing in the US.

30 November 2024 | 2 replies
., missing property taxes or HOA fees), unreliable rent estimates, and the time-consuming process of manually calculating metrics like cash flow or ROI.Platform Preference: A web-based platform would work well for in-depth analysis, but a mobile app would be crucial for on-the-go research and quick evaluations, especially when touring properties.Wish-List Features: A tool that integrates local market data (rental demand, appreciation rates, or vacancy rates) and offers scenario modeling (e.g., "What happens if I increase rents by 10%?")

30 November 2024 | 2 replies
I guess we could maybe have the builder agree to the cost of the build and if we sell for more or less then the profits would go up and down based upon the selling price.

29 November 2024 | 6 replies
Are deals just being considered based on per door price now?

2 December 2024 | 6 replies
No one takes action based on an online course, they take action because of networking within the community of the course.

1 December 2024 | 6 replies
Again several factors at play but just providing information based on your criteria.

1 December 2024 | 0 replies
Adjust return based on holding time and risk reward.

1 December 2024 | 9 replies
Based on what you mentioned, 1.