All Deals are 5 Year terms at 6%
Deal #1 - 1 property -4 unit
$47,500 Purchase Price --15K Down Payment-- owner financed $32,500-- taxes $3,398 per year total rent $2,125 after all expenses take home is 910.71 per m...

This property I am looking at is early 1900's. The pro forma shows 10% for maintenance and repairs. Would you include capital expenditures in that? Or add an additional 5-10%?

Hi everybody,I'm looking to sell a duplex in Detroit which has 2 tenants, both of which have been in the home for 2 years and have never missed rent.  I would like to put my house on the market, but I'm concerned I mi...

I’m a new investor and glad to be apart of Bigger Pockets. Does any have a recommendation on a good property management company serving Detroit, MI? I’m closing on my property next week.

I just got off the phone with the regional bank here in town. I was inquiring about a loan product for 3 or 4 units. It seems since they are fannie mae based I have to come up with a "Loan Level Price Adjustment" of...

Hi BP,

I'm preparing my taxes and am trying to determine the value of depreciation that I can write-off on my taxes. Where do I find the cost basis (value of structure) for my rental property? Is it on the county web...

What's up BP fam. I've found a potential seller interested in seller financing (contract for deed) through a title company. It's a fully rehabbed EOG townhouse asking $65k. What I'n thinking to offer is $4k down and $...

Somewhat new to the Louisville-area. Just closed on my first property. Have been in the process of starting my own investment/management company for awhile now. Looking to connect with like-minded individuals in the b...

I'm looking for strategies to counter when a seller offers their "best and highest" offer. I know there are some fantastic negotiators out there so I would love to here some tactics. I'm in negotiations right now and ...

Hello everyone!     I am currently a new real estate agent as well as an aspiring investor. In about 2-3 month I will have about 14-16k to invest in my first property. Now I am going to invest in a price point of abou...