I came to Detroit in 2013 invited by a friend, initially thought he was crazy when he talked about investing in the city, but I decided to come with him to "check it out". I must say that I felt in love with the arch...
Hello Everyone, My name is Craig and I'm new to BP. My real estate goal is primarily to acquire multi-families and buy and hold. Currently I am mid way through with my classes to obtain an Illinois real estate license...
In Warren there are still houses around 100K , and I have visited months ago and seem peaceful city with old houses, and some people I know already bough houses there around Mile 14 and Ryan , which is my area of inte...
I have many college rentals, all long term, about $1300 per unit. Turn over is every August so I get 20+ brand new 19 -20 year old tenants every 365 days, like rotation for the past 20 years. These past few years the ...
Detroit area sfr3,250 sqft 7 bed 6 bath Owner asking 275k estimating only cosmetic repairs and a plumbing issue last contractor was a friend who caught the covid and stopped work hasn’t touched it since also owner cur...
Have you considered building new to keep up with demand in your market?Consider Modular for Speed, Cost SavingsColumnist Lew Sichelman explores why modular construction can be a successful solution for multifamily dev...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $146,000
Cash invested: $46,000
Ist Investment Property, 3 bedroom 2 bath duplex each unit. Bought to provi...
The question of the hour here is Big or small or maybe something in the middle. After finding the location of your dreams you are now ready to find the house of your dreams, or are you. Settling in on a commitment is ...
Hello BP,I will be purchasing my friends SFH for 170k. It is appraised and the current market value is $210k. May I draft up a purchase agreement for 210k and have him cut me 40k at closing?I would use the funds for d...
Hello all, very interesting property, that i hope others have tackled a similar situation. There is a duplex just outside the Boston area, Ive been following this property for a few weeks, it has very erratic pricing ...