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26 December 2024 | 7 replies
FHA loans only require about 3.5% down, so it’s a great way to start generating passive income while keeping your housing costs low.If you’re leaning towards renting for now, you could still invest by looking at fix and flip properties or even partnering with someone more experienced to get your foot in the door.
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13 January 2025 | 30 replies
I bought a duplex in 1984, and the landlord next door to me bought his in 1972.
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26 December 2024 | 3 replies
I would encourage house hacking, you won't be cash flowing but it helps you save while you get your foot in the door with low DP.
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19 December 2024 | 3 replies
There was a plumbing leak in the crawlspace under the house and is causing the high clay content soil to heave.....causing a 3-4 inch rise in the middle of the house flooring.
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3 February 2025 | 31 replies
The investors I know finding properties on the MLS are making 30+ offers a week, embarassing offers, in hopes of finding 1 or 2 properties a month.Others are door knocking, cold calling, spending money on mailers to find off market properties.
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28 December 2024 | 11 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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27 December 2024 | 13 replies
Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.
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27 December 2024 | 27 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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23 December 2024 | 1 reply
This is a great strategy to use for beginners who want to get a foot in the door of investing while also learning crucial skills just as tenant management.