New Member from Detroit, MI

[Kevin Suksi]

Hello all, my name is Kevin Suksi. My wife Cara and I are new real estate investors who focus on Detroit suburbs in Wayne County, MI.

We have 2 rental properties and are in the process of executing our 2nd REO flip, which went on the market last week and is already under contract and pending inspection.

Our company is called Michigan Starter Homes; our business plan focuses on providing move-in ready homes for first time home buyers.

We did our first flip with cash from our savings and did most of the work ourselves. For our second which is in process now, we funded half the deal and brought in a deal partner for the other half. We still did a lot of the work, but less than half of it.

Some of our goals for 2010 include:

1 - Execute 5 flips this year
2 - Network with similar real estate investors
3 - Bring on 1-2 more deal partners
4 - Meet more contractors and develop a complete team of go-to players and reduce / eliminate us doing the rehabs
5 - Learn the short sale game as the good REOs seem to be drying up.
6 - Improve our web presence

Thanks for reading and I look forward to meeting like-minded investors.