Detroit is coming up big time, but it's still flying relatively under the radar.Suburbs are getting increasingly expensive while the city is getting stronger and more attractive to move into.

This deal is a year one, cash on cash return of 23.71% Let's now factor in 5% rental increases, guaranteed by section 8 as well as 3% appreciation year over year.

Have bought, renovated, refinanced and sold rentals in my portfolio.Besides monthly cashflow, you can cashout refi every 5-10 years or when increasing rents support the ability to do so. 

@Devin Voelker$1,800 x 8 months occupancy = $14,400 annually $1,200 x 12 months occupancy = $14,400 annually Are you confident you can get over 8 months occupancy for the midterm? 

As obvious it may seem, this can be a dramatic inclusion that increases relevant click-through-rates.4 - There is No phone number extension.Google allows you to add a phone call extension to your ads, which can convert those who have a greater sense of urgency.

Focus on properties that will have a strong rental market and a clear path to increase in value.Overleveraging:Some investors refinance and pull out too much equity, leaving them with little to no cash flow.

With a team, even if you’re paying salaries or commissions, you could close 25 deals a month.From there, increase your marketing, improve your SEO, and keep spending money to make (far more) than you spend.Keep scaling and tweaking until one day, you realize a steady stream of leads is coming in through your SEO efforts.At that point, you can turn off your paid marketing and enjoy the highest-quality leads for free—without lifting a finger.Let me know if you have any concerns or questions!

As a newbie, it is easy, and common, to head down multiple paths chasing shiny bright objects, with many of those paths just leading to time wasting and increased experience in learning what you don't want to do.

Once you've got a good team in place, you can dive deeper into doing BRRRR investing with confidence.

When you add books + podcast, your time in the forums here learning, AND in-person networking and relationship-building with real-life real estate investors, you will gain more confidence in the reality and soon be in the starting lineup.