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24 March 2019 | 28 replies
John Hussman, a former professor of economics at University of Michigan, says that the U.S. stock market is “at the most offensive level of overvaluation in history” and believes that the expected 10-year return of the market is less than zero."
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24 March 2019 | 17 replies
@Dennis M. I
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26 March 2019 | 1 reply
Do anyone know of any friendly investors title company in Dallas Tx and Detroit Michigan?
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23 March 2019 | 1 reply
Investment Info:Single-family residence buy & hold investment in Dearborn. 4th buy and hold in cute Dearborn, MI.
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11 April 2019 | 8 replies
@Ryan McDonald Invest in Michigan, Fulton Missouri, Front Royal Virginia, Dayton/Toledo Ohio, Jefferson City MIssouri, Butternut Wisconsin, Wilson North Carolina.
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3 April 2019 | 3 replies
I'm looking for referrals for real estate lawyers in Saginaw Michigan.
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25 March 2019 | 6 replies
Hello all,I got started in real estate at 19 years old when I closed on a junky $59,500 barn-looking-house 4 miles away from the University of Michigan-Dearborn.
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26 March 2019 | 3 replies
So i need some advice and wanted to see if i could get your opinion on a deal im looking at.My name is Rodrigo. im an investor in michigan and i have 3 properties which include 4 units, one is a duplex. househacked the duplex for 3.5 years.bought a single family last october (traditional financing) and 2 more houses (one i will live in) under a land contract, with only $7000 down per property. total rent gross is $5605/month.So all my places are within a block of a a college that doesnt have enough housing for its students so they have to live off campus. we are full until summer 2020.The person that sold me the two houses under land contract is offering me 3 more properties on land contract with minimal cash down, around $10-15K per property he using a gross rent multiplier method to price these so heres the break down. all houses below are rented through summer 2020.property 1older house maintainted well 4 bdrm monthly rent is $1550 property taxes are around $5000 annually.1 block-2 min walk to campusnew roof furnace and water heater in last 5 years.cashflow around $300 monthly using my number of $650K for everything.property 2 duplex 4 and 5 bed units, rents for total $4040/monthlots of new stuff in 2017 interior and exterior.literally across street from campustaxes are about $10,000 annuallycashflow around $900 monthly using my number of $650K for everything.property 3 single family next to duplex. new construction in 20175 bed gross rent is $2300, also across street from college, taxes around $6000 annually.cashflow around $589 monthly using my number of $650K for everything.land contracts are 6% interest, 30 year amortization, trying to push the balloon to 7 years ( he seems flexible on the balloon and down payment).at a gross rent multiplier of 8 (his number) im looking at a total of about $750K, but i like the number better around $650K which is about a 7 gross rent multiple.
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26 March 2019 | 3 replies
I live in TX and currently work with an “acquisition company” that basically is a well organized wholesaler business.I also invest in MIchigan and I’m looking for recommendations for a similar company where I can work with an agent that deals with off market properties.