Hello Michigan BP Members!I am a new investor in the Royal Oak area. Does anyone have any experience in this area, could be surrounding cities as well? (Berkley, Clawson, Huntington Woods, etc.)I am interested to hear...
Hey all, my wife and I are looking to purchase our first investment homes and will be out of state. We are currently pending on our HELOC that we will be using to fund the down payment of which will be coming sometime...
Hi everyone, I am in a little bit of a creative block for lack of a better word. I am in the process of negotiating on a investment building that needs some work and the owner knows it. The problem is that he is prett...
Hi, This is Lynn . I just receive this potential deal and is interested to take action . Please give me some input . Thank you ! My concerns are: is it consider safe to invest forest park ? Is it easy to rent out ? --...
Hi folks, I started out last year and just recently bought my second property. I am now in a position where I can buy cash and I figured instead of just buying nice properties until I run out of money, I want to super...
Hi everyone - My husband and I are planning to buy our first property as a multi family home and put it on rent. I have looked up Tenessee, Vegas and Arizona. Arizona and Tenessee look good. Our budget is around 800-9...
I was wondering, when analyzing a potential property to purchase, what % of rents do you account for to be vacancy, capital expenditures, property management, and repairs? I am starting to practice analyzing deals and...
For the 13th
consecutive month, Arizona has had positive median purchase prices and rent prices go up with a 14th month trending in the same direction. The Average Median Purchase Price for a SFH is now $445,000! And...
I am thinking about using a 401(k) loan to fund a property. I’ve read up on some of the risks involved. Looking for anyone with some real world experience to share some advice on what to do/not to do that you think wo...
Hey All, I purchased my first investment property recently (a duplex in the Charleston, SC area) and I'm trying to rent it out. I bought it for $175k cash and will get delayed financing on it settled in November (30 ...