Account Closed
Royal Oak, MI wholesale deal
13 December 2021 | 3 replies
Investment Info:Single-family residence wholesale investment in Royal Oak.
Account Closed
$41,000+ flip in Ann Arbor, Michigan (with pictures)
14 September 2017 | 15 replies
We figured the charcoal looked pretty good with the honey oak but would also look good if the buyers decided they wanted to paint the cabinets white.
Ryan Taft
2nd Flip - SO MUCH EASIER THAN THE FIRST!
29 January 2021 | 4 replies
I'm currently looking into buying one of the new builds at Green Oak Crossing.Have you put a tenant in yet?
Renee Bacon
STR management in MIchigan- if a broker's license is needed
14 April 2019 | 6 replies
@Renee BaconWith my recollection some of these investors have real estate licenses and some dont.Example: They rent property in Ann Arbor or Royal Oak on yearly lease; then do STR for daily or weekly for VRBO's etc.
Bryenne Korte
Cash on cash return - what do investors look for in Michigan?
16 December 2016 | 22 replies
Excellent set of posts here.Cash on cash return will vary greatly depending on what city and type of property you are buying. 50K house vs 1M apartment building, downtown Detroit vs Royal Oak vs BirminghamCash on cash is a great way to compare a group of properties to make sure you pick the best one and to make sure that your money is working hard for you like Joe mentioned.With that said, I like to see at least 12% cash on cash, 25% ROI when you add loan principle paydown, and some sort of value add to increase the cash on cash (below market rents, above market expenses, etc.)
Erik R.
Is this a good deal / approach? BRRR a 2BR into a 3 BR- Plymouth
5 January 2017 | 6 replies
Think Redford/Westland/Oak Park.
Jack B.
Tenant said he'd be naked when I'm doing tours for new tenants
17 February 2020 | 92 replies
I call his bluff and show up anyway.
Alanna Schroeder
Where is your Vacation Rental Property?
28 May 2019 | 212 replies
Clarksville, TN and Oak Grove, KY Near FT Campbell, Ky