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Detroit Real Estate Forum

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Cali Beginner, looking at Detroit

Posted Sep 22 2019, 14:28

Hey Guys!!! Mike here, 32 and brand new to real estate investing!!!;) Considering leaving being a registered nurse in the SF bay area as I've hurt my back and am currently on worker's comp.

Currently have my own 1 bedroom condo in a very good neighborhood in the bay area worth about 400-450K, with about 25% equity in it.

Very excited about investing and from the research I've done so far, I want to build an empire in Detroit using the BRRR strategy. Ultimate goal: I want to have a net worth of 2.5 mill (today's dollars) at age 45 (3.7 mill in thirteen years). I have very little capital to start out with,5-10K, but am young, single, passionate, have a consistent work ethic and very mobile.

Am looking for any advice, to shadow/partner with someone that's done something similar!

Thank you all so much and best of luck to all of you in your real estate journey!!!;)

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