Purchase price: $375,000 Cash invested: $60,000 Sale price: $525,000 This home was build in the 1980's.

On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.

Purchase price: $450,000 Cash invested: $650,000 Sale price: $1,600,000 New construction of single family

With other mobile homes when it comes time to sell and if I need the cash then I give a low price so that I can sell for cash.

Figure out how you want to handle you investing and what role real estate plays in that. 

There are plenty of people looking to deploy cash into real estate but don’t have the knowledge or bandwidth to run a successful flip or BRRRR.

I’ve been involved in property management for over a decade and have a passion for optimizing operations, maximizing cash flow, and creating great experiences for both tenants and owners.I joined BiggerPockets to connect with like-minded investors, property managers, and real estate professionals.

The current plan is for the house to be left to their children (my cousins) and as far as I understand it they just plan to sell and split the cash.

I ended up meeting my mentor, and we partnered on a BRRRR deal that’s been cash flowing great so far!

That is why a lot builders buy a few of their own homes and pay "all cash" after they are built to establish sold comps and set the market.If you have any questions feel free to reach out it can be tough trying to figure out the first few steps and what is required.