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Updated about 1 year ago on . Most recent reply

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John Davis
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Rookie Investor Introduction - About to move into my first Duplex House Hack

John Davis
Posted

Hello,

Long time lurker and consumer of real estate investing podcasts, books, and other information from BiggerPockets that just closed on my first investment property - a duplex house-hack.   It's all been a whirlwind of learning and doing and I'm looking forward to starting my journey with the goal of financial freedom in the next 10-15 years.  Ideally way sooner.  This house-hack will be a negative cash flow while I live in it, fix it up, etc.  Some other "adventures" I am looking at - the existing tenant is section 8 and the current property management company likely will not continue management.  So I will be learning the PM piece as I go as well.  

I'm acquainted with a couple of local investors, but would love to connect with others in the area (or nationally/internationally) with similar experiences and strategies.  I'm currently jumping head first into this community and would love to learn from more seasoned investors. 

-John 

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Drew Sygit
  • Property Manager
  • Royal Oak, MI
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Drew Sygit
  • Property Manager
  • Royal Oak, MI
Replied

@John Davis be sure to check out all the city landlord requirements.

Michigan also has an online Landlord-Tenant Handbook that is awesome source of info.

Lastly, be sure to join the RPOA investor's group in Grand Rapids. A lot of seasoned investors there that will help you through the inevitable challenges.

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Logical Property Management
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