Howdy, Hope the detail proves to be helpful, I would appreciate all the helpful feedback I can get. Will be applying for my first mortgage loan in the next 5 months and want to ensure I am in the best position I can p...

My 3rd property, first tenant occupied property. It's located on the Westside of Detroit. Purchased for $30,000 and financed for $24,000. I partnered with Dar Mayweather. We put up $9,276.52 at closing (including clos...

I feel like I am taking crazy pills over here.  I am trying to find a concise answer, but I keep finding answers that contradict each other.  So, I hope this forum will help.  I am super new to all this so thanks in a...

I had a contractor who pour my drive way several years ago come in and do a new project for me, a new garage floor with patio, a sidewalk up to the house and drive way. It was poured in 3 different sections, garage fl...

Hello. My wife and I own a handful of vacation rental property units in Michigan, our home base. We also own one on the Atlantic in Daytona Beach Shores, Florida which has performed very well. We self manage all of ou...

There is an old saying “You don’t make your money when you sell the home, you make your money when you buy”. From my experience that statement is about 50% true. Your ability to negotiate can end up playing a huge r...

I just picked up this book yesterday and can't put it down! Probably the best book on flipping houses I have ever read.

Hey everyone! I’m going for my first STR, and was curious to what kind of CoC return you like to see with your property? What is the minimum return you would like to see before you move forward?

First deal to get my feet wet in REI but have quick question.In contract with a property that I expect will cash flow $70-150/month (10% vacancy, 10% PM, $100/mo comb. capex/RM); cash return of 7-13%, excluding what I...

I'm starting to model some much more sophisticated scenarios of buying investment properties, but before I even got too far into it, I began modeling the impact of inflation on your paycheck and personal expenses.For ...