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12 March 2024 | 13 replies
These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.
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11 March 2024 | 6 replies
When buying for investment purposes we are buying revenues, equity and operations.
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11 March 2024 | 0 replies
I am currently in my first year of my W2 job (post graduation), and after a year of listening to Bigger Pockets, getting my real estate license, and allocating funds, I have finally decided to dive head first into my first investment.
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11 March 2024 | 8 replies
For my W2 job I travel quite frequently across the country and would love to connect with anyone here - I'm looking into either BRRRR & multifamily investing to start!
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12 March 2024 | 22 replies
At the eviction , the sheriffs job is to keep the peace .
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12 March 2024 | 5 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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11 March 2024 | 16 replies
I operate in Pinellas County so I know the numbers better than anyone here.
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10 March 2024 | 5 replies
Don't overthink it too much it already sounds like you are more organized than most operators and you track your time and use a system.
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11 March 2024 | 18 replies
(there is enough space under the roof to set up the central AC).A few pros and cons that I can think of for each option:Mini split:-Flexible room temperature control-Less costly to operate if I turn it off in the rooms that I don't use-Takes more visible space, not very pleasing to eye-Renter might loose the remote or break the unit (somehow!!)
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11 March 2024 | 39 replies
I chose Tims program because it logically made more sense to me the way he operates his business.