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Updated 9 months ago on . Most recent reply
![Hamidou Keita's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3014116/1728014325-avatar-hamidouk2.jpg?twic=v1/output=image/crop=350x350@144x0/cover=128x128&v=2)
Newbie interested in Detroit real estate market-Could you recommend a reliable agent?
I am a first time out of state investor interested in buy my first rental property in Detroit that can cash flow after fixing and gain equity. Could you recommend a reliable agent and property manager that I can work with to kick start my journey?
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- Property Manager
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@Hamidou Keita you ant to be careful in selecting an agent and a PMC!
+95% of agents have only done owner-occupied transactions, which are mostly emotional-based. As an investor, you should only make numbers-based purchases.
Also, agents are only transaction-based - if they make a mistake (or choose to take advantage of your naivete) they still get their commission check and can disappear:(
So, a great PMC is often the best choice to start with, since they obviously know the rental market and they have to deal with whatever they help you buy, on a daily basis after the purchase!
PM us for more info.
- Drew Sygit
- [email protected]
- 248-209-6824
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