that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

We have had a place there for a couple years and does really well, BUT we self manage and it is now kind of a hobby where we learn as much as possible and keep on learning.....If you do go this route make sure to theme the place, and make it stand out. 

If your looking to learn the trade and want to find a mentor to guide you, the I would suggest visiting one of the local REI clubs in Spokane or Couer D'Alene.

Lessons learned?

Lessons learned?

Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset.

I don't personally recommend saving for investments, which takes forever, rather learning how to raise capital to acquire investments.

That does not mean that pay stubs and tax returns are the only way to prove ATR fir example bank statement loans for the self employed is a method to verify ATR. 

From what I've learned so far, flips are generally considered one of the better investments in this type of market (please feel free to correct me if my understanding is wrong!).

Additionally, we are open to exploring opportunities in other areas as well.We are particularly interested in:- Learning how to analyze these properties for cash flow potential- Understanding the local market dynamics and trends- Networking with experienced investors who can offer advice and mentorshipWe believe that with the right guidance and connections, we can make informed decisions that will set us on the path to financial independence.