An earlier post mentioned "vacancy."

Give the cost of money these days is around 7%, it would definitely be nice to have a paid off rental.7% cost of money sounds like a lot until you remember that it is actually the tenants that are paying it for you while your money is sitting in an index fund making 8%.

Can I ask why you are looking for a turnkey company vs working with an investor friendly realtor who has a network for you.

@Agatha OliveiraSharing an operating agreement does not pierce your LLc and every contract you enter into the company should ask for a copy of the operating agreement to confirm the person signing has that authority

Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.

I think many can be easily overcome like finding an attorney and contractors in the area, but the most interesting challenge I can think of is how to hire someone to deliver late payment notices one day a month.

@Lucas SchlundI just read an interesting article about the Detroit STR market environment on Steadily’s blog.

I am having trouble finding distressed properties with enough "meat on the bones" to make enough money on the deal.  Any others having the same trouble.

Hello,Has anyone worked with ReadyREI in Saginaw, Michigan?

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