This sub-forum may be more useful to us if we let each other know whether we are interested in the City of Detroit or the suburbs. I have partnered on deals in Detroit but all of my individual investments have been i...
As a note newbie, the entire process of going through non-performing tapes seems a bit overwhelming. I was wondering if anyone has advice on how they do their preliminary process in order to rule out some of the note...
I have a 5-plex that has been for sale since late May and I've gotten very little interest in it. Am I being too optimistic that it would sell in a couple of months or is there something I'm not seeing? The cap rate...
I want to start out by saying I love multifamily but I have learn some things about them that I didn't consider with SFH.
Most of these issues have been resolved quickly but still they are pain.
1. Parking is an is...
I have reached a friction point with tenants (Unit 1) and need some advice. They have been living at the property since May 1. Sometime in June my tenant had asked if it would be ok for her to do some work in the yard...
Hi everyone, I’m putting together a five year plan of investing in rental properties for passive income and would love to get some feedback.I live and own businesses overseas. I’ll be saving $4,100 per month, which is...
I have been calling on ads on craig's list. The only motivated sellers that I have been able to find have run down old trailers. Definitely not "Lonnie Deals". Lonnie says that he finds homes that are no older than 20...
Just spent the day looking at 6-7 foreclosures I've found online.
Some looked good, and some looked over valued. I called the realtor handling the sale and asked for the asking price, to make sure my prices added up ...
Hi BP
first off, thank you!!! getting my license was the best move ever as an investor.
HOWEVER, I would like to know what YOU (investor/realtor) do with your license??
How much of what you do is investing? how much...
Hi Everybody, I'm pretty new to this space, but I've been researching this year in preparation to make my first purchase in Winter 2020. I am in my early 20's currently renting right now, and my plan was to move into ...