Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 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.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
And that's arguably an optimistic take.
Denise Lang
Starting our investing journey. But how to that that out of my home state?
2 January 2025 | 36 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.
Connor Heffler
Slow Flip Real Estate Investment
18 December 2024 | 25 replies
Fix and flip is too capital intensive and relies on being able to find a retail buyer so it's arguably more risky than a slow flip.
Kent Fang ching
Guidance on OOS markets to get into
24 December 2024 | 44 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.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
The arguable gains that you make doing it David's way vs just paying down your mortgage directly aren't really worth debating over.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Live in flip would be a bit harder, for sure, but arguably the better of the two options on net outcome but also with sacrifices needing to be made.
Collin Hays
A refresher on what to look for when buying in the Smokies
7 December 2024 | 14 replies
Actually most potential guests ask how far to Dollywood and how far to hiking (arguably Gatlinburg could win the hiking).
Andres Rossini
Am I greedy/emotional seller? Revenue=185k Expenses=100K
10 December 2024 | 39 replies
And arguably I think most would prefer a management transfer period as well, I'd say 2yrs, because you've been self-operating so i don't want to fumble around int he dark to sort what "system" has been used.
Lorraine Hadden
Is AN 800+ FICO CREDIT SCORE EVEN POSSIBLE?
9 December 2024 | 38 replies
That mindset matters arguably more than anything else, because mindset crafts reality.