All Forum Posts by: William Patsalis

Over the past few years I've multiple books and listened to hours of the BP podcast to gain enough knowledge to start investing myself. I believe I'm in the analysis paralysis phase and I want to break out of it. I recently have come across a duplex in a small town. I know a good monthly cash flow number varies depending on the person but I'd love some advice on what you think of this deal. I'd be putting roughly 30k-35k into the property. It would cash flow $250 a month after I set aside money for CapEx, maintenance, vacancy, and lawn care. I was wondering if that amount is reasonable or too low. Most of the big ticket items are newer: roof, furnace, HWH. Thanks in advance for the advice!

I'm a new investor looking to learn more about section 8 rentals and how it works. I am from Southeast Michigan and have become very interested in learning about this kind of rental strategy. I was hoping someone can point me in the best direction to read more information on it or connect me with someone who is knowledgeable in the area! TIA

@Jonathan Greene I’m looking to become an agent as my career and job. I’m personally looking to invest and house hack. I’d like to join a brokerage that I’ll be able to learn and grow within. I’ve heard too many stories of brokerage that is all about fending for yourself but I’m mainly wondering how to find a mentor.

@Drew Sygit I’m actually looking to house hack

I’m taking my real estate exam in the upcoming week and I’m looking for some advice in how to to start my career off. I’m in the Royal Oak area so I’m wondering what are some of the best ways to find he right broker and find a mentor. I want to focus on real estate investing so I’m just wondering what might be some good steps to take.

Hello all,

I’m looking to get started and find my first investment property in SE Michigan. I’m searching for duplex’s and triplexes and have been out in the neighborhood looking for potential investment properties. Currently, I have found a few but I’m having trouble reaching the owners of the property. I don’t want to just mail the address because then I’ll reach the tenant. I’ve tried looking on county tax assessments but that haven’t yielded any results yet. Any help is appreciated!

Hello everyone! I have been a follower of BP for some time now and I am looking for any REI meetups in or around the Royal Oak Area. I would love to attend one and start meeting some people. Any information is appreciated.

Hello Everyone, I am new to real estate and I'm really looking forward to getting started in house-hacking a duplex while I'm still in college. I'm wondering what are some of the best ways you got started and got active looking for deals? I am looking to get started in southwest Michigan so the market is manageable. 

I was wondering if anybody had any tips or certain ways they go about researching a city/area before purchasing real estate there? I've been looking at houses in different spots but I want to check out the city thoroughly before investing in it.

I was wondering about the process of becoming a real estate agent in Michigan. I'm currently a Junior in college but very interested in obtaining a license but not sure if right now is the right time. I know you have to take a class to obtain the license, take a test to certify, and then be with an established real estate agency to start practicing. My questions come after you become part of an agency to start practicing with your license. Do most agencies require a quota/number of clients to let you keep practicing under their name? Can I obtain my license and not actively practice selling houses? Any help would be appreciated!