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Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
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I am investigating putting in sub meters in a four unit building for water. I would be separating the water lines but still have only one meter. Does anyone have any experience with this? Is it worth outsourcing to a...
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Hi! I am new to investing. I have read the books and listened to the podcasts while trying to build reserves but I feel like I am in the “analysis paralysis” stage of my investing career. I would like to meet individu...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $90,000
Cash invested: $50,000
4 family building purchased in distress in Mount Pleasant neighborhood, previ...
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I have noticed an interesting trend that's been more and more common since about 2018. Buildings selling for example $300,000 which need $150,000 of work but the ARV is only $420,000. Maybe people buying and not fixin...
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There are a lot of questions about whether or not MFM is a scam. The definition of a scam is a deceptive scheme, act, or operation. From this definition and my experience with the Multifamily Mindset and their employe...
So I've been doing this for a while and before I start a demo project I call the scrappers (if there isn't anything I want to scrap) for metal and the Purple Hearts etc to grab furniture. I separate the concrete if i...
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Hello BP, I am considering purchasing a property with two, two bedroom apartments and two mobile home pads. The property is in rough shape with tenants having trash and junk cars strewn about. When we looked at the ap...
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Im selling a Charming 2-bedroom, 1-bathroom home in the heart of Miami With a tenant already in place, this property is producing great income from day one. But got not visitor is the market slow? Is it better to take...
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Hey Everyone,For those of you with experience in wholesaling, what have been the most effective marketing strategies for you? I'm evaluating my options and trying to determine which one is the most cost efficient. Any...