Purchase price: $729,000 Cash invested: $250,000 Sale price: $1,550,000 We performed the following renovations prior to selling the house:-Converted an open dining room into a 4th bedroom creating 2 closets and french doors-Renovated the kitchen and master bathroom including moving water lines and venting-Installed a beam creating an open archway-Covered the fireplace and installed custom cabinets in the living room-Built a patio with pavers and a pergola-Removed concrete patio and installed sod-Installed can lighting -Carpentry -Paint

Grow hops or a specialty varietal and have a tasting room for those that use that hop or varietal. 

There is a small laundry room on property.

That may mean that you have to drop your price point to leave room in your budget. 

I'm currently drafting my rental agreement to be used for a property I am "house hacking" (renting out rooms of the house I am living in), and am curious what I am allowed to hold my potential tenants accountable for.

Hey we received off market financials on a 64 bedroom student housing building.We have been heads down looking at apartments so this is a little outside our zone.But we were curious if we’re underwriting this how do we go about it since they are charging per room?

If I were to turn one of the rooms into a fully done bathroom and make my house a 4 bed 2 bath, Would it be worth more?

Detroit definitely has an exciting future ahead- earlier this month was the official grand opening of the Kahn Apartments downtown Detroit by the Fisher building- 206 units/ $70M.

I don’t advance or do favors because then next time it’s little more money and little further in advance then More and more and before you know it this guy owes you a few grand and walks off to go take advantage of someone else.

But I also feel strongly that it would be foolish on my part to just start making deals for hundreds of thousands of dollars having no clue at all what I'm doing or what anyone in the room is talking about.