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31 December 2022 | 15 replies
Really Feel like I/we have nailed down that best balance of Price/Roi/location here in Metro Detroit My rental portfolio is here and performs extremely well with minimal headaches.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)Basically 1.2-1.4% dealsWe have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.
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11 December 2022 | 3 replies
This is making it extremely awkward for me and the other landlord, the fact that she is not willing to be spoken to by him is absolutely crazy to me.
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16 December 2022 | 18 replies
This is a great RE market for return but the socialist rental policies can be extreme.
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10 December 2022 | 37 replies
For example, Biggerpocket is extremely useful for the technicality aspect of real estate investing (eg, extremely useful information on how to manage/work with tenants; to understand tax rules and regulations and understand what needs to be done during certain situations) ; but it's less useful when we're asking for opinion for investment (which city to invest,etc).
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12 December 2022 | 8 replies
This is extremely cash flow negative.
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1 January 2023 | 10 replies
Yes it was an important stage to work through and I am exercising extreme diligence with new applicants.
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3 December 2022 | 4 replies
Majority of north side 5+ has been selling at extremely low cap rates but they are still selling just way less transactions and often cash.
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27 December 2022 | 8 replies
The bail industry can be extremely lucrative if you know what you are doing and in the right state.
6 December 2022 | 20 replies
@Julio Gonzalez, first of all thanks for putting these links here; extremely helpful!!
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20 December 2022 | 17 replies
Have my LLC, business credit card, and a strong mentor who used to work with me, but quit his job to do REI full-time as he is doing extremely well.