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17 February 2025 | 7 replies
Investment Info:Single-family residence buy & hold investment.
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20 February 2025 | 10 replies
Buy box: Location: Approx. 30 min drive to Boston Heights, for workNeighborhoods: Decent walkability score - not far from shops/restaurants/trendy neighborhoodsIdeal tenants: Close to hospitals/universities/schools for professionals/students/familiesBudget: $175-250K - Buying w/conventional loan, 5% down/ approx 20K reno.Property type: MFH 2-4 units - preferably side-by-side, with a yard we can fence for our dogUnits: 3+/1+ - better if 1.5/2 bath per unitTimeline: Plan to live there for 2 years, but possibly only 1 year if we find another investment opportunityGoal: Focus on appreciation - would like to see cash flow in year 2-3 (the year we move out), including overhead (Vacancies, Maintenance, Utilities) and budgeting in PM if eventually we don't manage ourselvesValue add: Opportunity for some forced appreciation, but not a full reno - cosmetic upgrades and updating kitchens/baths while we live in one unit.
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18 February 2025 | 16 replies
Where did you end up buying?
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15 February 2025 | 6 replies
You get where I'm going.I buy houses realtors won't/can't list.
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26 February 2025 | 4 replies
New criteria to add to my buy box lol. 1/3 appraisers call it out, usually can get a new one.
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19 February 2025 | 7 replies
Does anyone have experience with buying rental or STR property there or have a connection there that I could speak to?
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15 February 2025 | 11 replies
In depth knowledge of a city's economy is not necessary if you are buying a single SFR.
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21 February 2025 | 4 replies
If you buy and hold, time will make you look like a genius.
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21 February 2025 | 10 replies
LOTS more.Back in 2019-2021 I was buying up SFH's and duplexes in Detroit.
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16 February 2025 | 2 replies
Are you also looking to buy?