I am a new investor in Grand Rapids Michigan and have recently launched a yellow letter campaign that has resulted in me getting two duplexes under contract.

Sometimes, if it's not done correctly, the weight of the slab on the vent causes it to leak at the joints.

And I also understand that while the first deal is the hardest to get and that one should never take a ****** deal, once the first deal is done and the first asset elevated and stabilized it ultimately becomes the least important property in a portfolio: the real long term value of that first property is that it gets you on the field and in the game.For the past week I’ve been chopping up market data and podcasts and dumping them into my brain to slow cook until I had something digestible.The stew in my skull is roughly 1/3 market research (Chicago, Milwaukee, Madison, Detroit, Grand Rapids, south bend, Indianapolis, St.

Buffalo, Pittsburgh, Grand Rapids, Chicago and Columbus), high rental demand, diverse industry, and RE prices moving upward.  

Those properties are being snatched up rapidly by larger investors and the prices continue rising; pricing what should be the next round of small investors out.  

I have a limit of 35 pound weight.

It's definitely daunting to invest out of state but with the market growing so rapidly in the midwest there are plenty of resources that work with out of state investors regularly. 

The Bellwether District will change the city for the better and along with Amazon coming into the Eastwick area the change will be rapid. https://www.thebellwetherdistr...

I do believe in and have experienced the benefits of using leverage and gaining rapid appreciation.

See this chart of the monthly median sales price of single-family home in Austin in 2022:While a number of factors contributed to this shift, rapidly rising mortgage interest rates had the most significant impact locally  in 2022.