Hello BP,My property manager told me to avoid these three areas; hilltop, south linden, driving park.

Ideally, my property generates around $500 per month cash flow after accounting for rent, insurance, tax, interest, PM fees.I’ve recently realized that repairs costs have notably affected my profits.

I live in California, and bought a tax lien certificate (technically a Certificate of Purchase) on vacant commercial land in Arizona, sight unseen, at an online auction.

If your bookkeeper and tax pro like Quickbooks, you should use that.

I check county records, tax records, current appraisal from the local municipality, and check for comps in the local are with respect to the properties condition. 

The recent NFL Draft, hosted by Detroit, brought in over 300,000 visitors who's attitudes about Detroit did a 180.Detroit also beat out Miami last year for the city with the highest appreciation rate in the US.It's not all unicorns & rainbows though, as there are still many areas of the city investors should avoid, which scammers keep trying to sell to naive OOS investors.PM us if you'd like to know more about how we've assisted hundreds of investors make logical investment choices in Detroit and avoid portfolio crushing mistakes:)

We charge $2200 + fees and taxes in January and $2300 + fees & taxes in February.

It might not make a difference to you, but your tax pro and bookkeeper will hate it. 

My only income is 1099s, which I write off a majority of it to lower my taxes.

It’s crucial to ensure those commitments are airtight to avoid potential fallbacks.