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My wife and I have a house we are planning to sell. It currently has a tenant in it with a lease expiring at the end of June 2022. We could just contact a realtor to list it for us and sell it retail. We really want t...
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Hi BPer's, @Tom A. and I have been collaborating on a SE Michigan BP Meetup. We are looking to create a monthly meeting that is more on a personal level compared to a normal REIA.
This event is an open ...
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6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
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Right now my wife home schools our 3 oldest kids. Earlier this week, I had the opportunity to teach the math lesson. My kids learned the term Cash on Cash Return and then worked out the CoC Return for each property ...
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So I ran into a possible deal and i'm just not seeing the problem with it - but I'm a little rusty so I thought I'd have all of you tell me why I should not do this. The owner is completely stuck at market price. Howe...
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At the beginning of the pandemic, I remember seeing a lot of posts from people regarding an upcoming "tsunami" of foreclosures. Better be ready to take advantage of this opportunity!I had my doubts back then but, the ...
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I had a good fine dining restaurant in a 3500sf space when we purchased the mixed use building (38 residential units upstairs, 3 office/retail and a restaurant on street level). The owner/chef got distracted and w...
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Hello Indianapolis Investors! Has anyone had a good experience with the Indianapolis REIA meet ups? I've been able to find both the INREIA and the CIREIA. INREIA has held their last two meeting on a webinar and CIREIA...
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Investment Info:
Condo fix & flip investment.
Purchase price: $35,000
Cash invested: $5,000
Sale price: $67,000
My first ever flip project. The deal was brought to me by a wholesaler who is n...
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Economic Update
(Monday, October 19, 2020)
At its core, real estate is a people business, and being kind to people is a business approach that never goes wrong. Being kind builds a positive image. It earns trust...