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12 January 2025 | 10 replies
The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.
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22 January 2025 | 203 replies
And yet the "problem" persists and grows........
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9 February 2025 | 36 replies
A growing income stream is worth more--so I'd like to see growth so that there is a path to profit.
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31 December 2024 | 9 replies
This allows my portfolio to grow, keeps rents coming in, and keep my costs low.
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18 January 2025 | 8 replies
That said, here are the actuals:Unit count: 13 offices (sizes range from 165sqft to 2,800 sqft - it's a local mom & pop type commercial building in an A-/ B+ town that's growing) Gross Rent: $20,801Expense Ratio: 50.7%NOI: $9,736 (year 1, after vacancy) ---Cash Flow: $2,536 / moCap Rate: 6.5%
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13 January 2025 | 31 replies
Work your 9 to 5 for several years and in your free time grow your real estate business on the side.
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27 February 2025 | 60 replies
Payoff debt, Streamline loans, or grow rental portfolio.There are many ways to raise funds for future projects.
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6 January 2025 | 5 replies
Family immigrated to the US 1 month back. 3 children have found jobs at a nearly plant and the father will try to find a job.
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14 January 2025 | 5 replies
Is your goal to use being an agent for your own personal investments or actively try and grow your agent business to eventually leave your W2?
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9 January 2025 | 21 replies
As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.