Letting Go for Your Bottom Line: A Lesson for Real Estate InvestorsHey BiggerPockets Community,If you’re a real estate investor, whether you own rental properties, flip houses, or manage syndications, there’s a critical lesson that could boost your bottom line: Letting Go.Many of us get into real estate because we want control over our financial future.

An investor focused agent should also be able to help you determine what the future performance of a property looks like by producing you a nice proforma with budgets and projections.  

I am from some of the worst areas in Detroit and have since moved outside of the areas that would be considered “unsafe” but because I am from Detroit I am familiar with areas that are redeveloping and have great growth potential; lots of new construction, townhomes even, and lots of land.

Then, if you like some of the comments from a user, you can connect with them directly and perhaps do a 1:1 discussion and potentially discuss what you want to do in the future.

4.Tips to avoid similar issues in the future?

Do you have a potential DSCR scenario that you're looking to apply for? 

Whether it’s buy-and-hold, fix-and-flip, or short-term rentals, there seems to be a lot of potential here.For those already investing in the area, what have you seen?

Still tons of deals that hit the 1% rule and positive cash flow here and you get amazing appreciation potential.

Although there is potential profit in this kind of profit, there is also more risk associated as the repair costs can pile up quickly and create a scenario where you have invested more into the property than the repaired property would actually be worth. 

Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!