Starting out in Metro Detroit

[Trip McNeely]

Looking to diversify my assets and buy and hold rentals on the east side (Warren, Roseville, St Clair Shores, etc.).  I live in Royal Oak and would love to buy there, but the market's too hot in this area and price vs cashflow isn't attractive to me. 

I have a commercial banking background so I get the math, but need to learn more on finding deals, funding, and of course being a land lord. 

[Dylan Tanaka]

Hi Trip McNeely

As a 15 year veteran investor in the metro Detroit area I can tell you that in today's market you'll probably get your best deals from other investors.

The MLS is ver slim right now. Typically investors can find houses and re-sell them for way less than they are offered for by agents.

Last get plugged in at the local REIA's. There's no better way to build your network.

Feel free to throw any questions my way!