Math clearly isn't their strong suit.As for the squatter, this demonstrates why it's important to use a professional property manager.

The key is understanding the neighborhoods and building a reliable team on the ground, but if you're willing to do the homework, Detroit can be a great market for long-term investment.Feel free to reach out if you want more info on Detroit or need help deciding on an area!

I’ve seen people hit a wall with red tape when trying to remove secondary kitchens or bathrooms.Finally, make sure the math works out.

You have to do the math.

Go to a community college and take classes in accounting, finance, and real estate, math, and work towards a degree.

If you do the math, $10s of millions of investor $s gone and this guy changed his name from Simple Passive Cash Flow to Wealth Elevator. 

RE is just math, 

Some of the best skills I've learned are basic real estate math and finance —being able to analyze potential deals to see if they are feasible and can generate good profit or cash flow. 

Simple math: the lower the loan, the higher percentage of closing.Those $1M loans are usually 1% closing costs, for example.

A lot of the bad stuff can be avoided by just doing some homework and moving slow.