Feel free to ask anything, anytime.Cheers!

I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!

Please feel free to connect if you have any questions. 

Any repair issues the new acquisition has you will feel to much greater magnitude due to the property carrying a lot of debt.

Feel free to reach out, I'm happy to chat and discuss options :) 

When entering the apartment, it just feels like a house full of squatters. 

Detroit offers solid cash flow potential, a relatively low barrier to entry, and the market fundamentals are improving with a growing population and significant investments in the city.Since you’re based in upstate NY, Detroit is also a quick and easy flight, making it easier to visit and get a feel for the market if you’re considering out-of-state investing.

Feel free to reach out if you have any questions about the local market here or want to connect! 

Gotcha feeling excited and nervous at the same time

$40,000 x 25%(assuming a 25% interest rate on credit cards) = $10,000This is more than the annual cash-flow that you are getting from the rental.I would look at a way to paying off the credit card debt asap.Look to see if you can take a HELOC on the investment property(likely difficult).If you can't you may want to consider selling the proprety.You will also feel a lot of relief of not having credit card debt hanging over you.What is the interest rate on the car loan?