Hi- I have come across a deal and wanted to get feedback on if I should pursue it.  I have had interest in NN and NNN deals given the predictable cash flow and the passive nature of the investment.  The deal had some ...

DW and I inherited a house in New York City a few years ago under a Trust to which we are both the executors on.  Since the house has no loans/lines we are considering using it as a stepping stone to start investing i...

I'm curious to better understand some of the nuances around forced appreciation while rehabbing. Some questions include:- When is it appropriate to add an additional bedroom?- When is it appropriate to add an addition...

Hello, i'm about to purchase my second property in quebec, its a duplex, 130k. i won't be living in the property so i'll need to put 20% down, or 26k. i would rather not dip into my equities for this, does anyone know...

There’s a famous Chinese proverb that says, “Wealth never survives three generations.” America has its own version, which says, “Shirtsleeves to shirtsleeves in three generations.” But while 70% of wealthy families wi...

Good day to you all. I have been listening to the pod casts for about 4 weeks now(I am currently on #74). My wife and I are considering moving to the Austin area near the end of the year for work because we both work ...

I have searched the forums for recommendations on a commercial policy for covering multiple SFR rentals (I have 8). Apart from SWBC and American Modern, I notice NREI listed but this one is mainly recommended for r...

**If this needs to be in the wholesale section, feel free to move it!

So far I've come across tons of great articles on both of these topics. I just wanted to put together a scenario and run it by you guys to...

Any advice on when a cash purchase is a good choice when buying multi unit properties?

Eastpointe, MI-48021

ARV: $72K

Asking Price: $52K

Repairs: $2.5K

Rent: $950 per month

What do you think?