I just listed an apartment on Friday. It's in a "D" neighborhood. It's my first turnover in over 3 years (39 months) in these buildings (2 side-by-side quads). I had **13** solid, completed applications (not just vag...
I am from the Detroit metro area but I invest in Pontiac. The reason why I invest in Pontiac over Detroit and Flint is because the rent margins are simply not high enough for what you are paying for and putting time i...
Hey guys, what would you do if you had 50 K cash? 1) Pay off your house completely so you would be mortgage free (let’s pretend that’s your mortgage balance)2) Buy a 250k multi family that brings you 1k per month i...
The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
It's been said that those who cannot learn from history are doomed to repeat it. There's so much discussion out there about a possible crash, with many experts weighing in on both sides of the debate. My question in...
What is the best way to find off market properties to BRRRR? What is the best way to approach a home owner that is not listing?
So I've been looking at different options to get into the rental real estate arena and for someone who works at a senior management level with a full time job it seems that Turnkey properties would be ideal to at leas...
Hello everyone, I am interested in wholesaling at this moment and want to learn as much as possible. There's tons of information out there and I would like to take in as much knowledge as people are willing to share s...
Hello!I'm looking to rehab this kitchen and found a contractor I really liked. This would be a place I will be living in for a while and I want to be sure it's done right, not cheap. Here are some photos, so you have ...
I like sfh's more then apartments. Am i crazy? Seems to me at least in my area its a better business model.
Example so i looked at i thought was a steal for a 5 unit for $60,000 but in a bad area. It would cashflow ...