Has anyone here participated in the Wayne County Treasurer's Auction of Tax-Foreclosed Properties?

Purchase price: $93,750 Cash invested: $70,312 Purchased 2-1/2 acres of raw land with the hope of one day building a home on it.

Connections, luck... contractor at the time was problematic and not delivering which gave me the opportunity to out perform.

What are the best strategies you’ve used to minimize this risk and keep projects on track? 

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg

@Long BuiWhat state is the property in?

When it comes to Google Ads, every dollar spent is crucial.

So, average cash flow is a product of the choices you make and the capital you have to deploy, as well as your lendability.I think what @Alecia Loveless wrote should be very helpful to you in terms of judging the money coming in, but it all depends on your location and investments.

You should be asking for the lease, estoppel, and verification of all of the expenses that the owner pays for.

Look up Sean Graham of Maven Cost Seg.