We target low purchase prices here: $120,000 to $130,000 can get you a three-bedroom, two-bathroom home that can command rents of roughly $1,100.

How much profit you make depends largely on your targeted clientele and your property management. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

BRRRR is much easier doing commercials.

Unless I'm mistaken, the contract between owner/landlord and PadSplit doesn't have a defined monthly rent but a target/goal of monthly income (so it's hard to use that as lease).

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Additionally, an LLC can make it easier to separate personal and business finances, simplifying tax filings.Quick Tip: Work with a tax advisor to determine whether an LLC is the right structure for your investments.4.

Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.

The subgroups are usually smaller and easier to get to know people.

Lot easier ways to grow wealth.  3.