I also found this article very interesting. Property is going for $5,000 in Detroit. I wonder if it would ever pay off?

http://www.safehaven.com/article-10420.htm

     I just offered 39,000 with owner finance on this duplex (7517 Mettetal st Detroit, MI). The cashflow looks good I think it would work even at the asking price of 49,900, They are offering owner finance at 7% amor...

Hello all! I am new to the community and starting over in real estate investing. My first run was about 7 years ago. I lost a rental to foreclosure at the start of the housing meltdown. In the meantime, I have acquire...

Hello BP!
I'm getting ready to make my first investment in October. I've researched a number of markets in the midwest and talked to realtors throughout, and am deciding between Toledo & Columbus. I'd love to hea...

Im currently looking at a property that has tenants living in them. I thought the posting said 3 unit but my realtor gave me the paper work on it. I looked at the paper work and its  a 4 UNIT  property. Im waiting to ...

Hello Members!I have a some questions about holding and selling a couple properties I have.  Is it worth it to sell my current properties to pay for schooling out of pocket, as I plan to move to another city about 80 ...

I'm currently saving up for my first investment property. For the last year or so I've just been using a savings account to store cash. Are there any other areas I can invest this money or store it that will provide a...

    This Saturday I awoke early, and got in my car to start my 1 1/2 trip to Philadelphia. Ron LeGrand, the millionaire real estate investor was set to speak. My Real Estate education goes as far as some courses and b...

Good day BP!!! I recently went to visit Detoit and found it to be a nice, friendly city with a lot to do. Never been before so I wasn't sure what to expect.  I walked a neighborhood in zip code 48207, there were vac...

2 Ford F550's.  Those are big utility trucks.