All Forum Posts by: Allan Brock

Corey, looking at your previous comment, you suggested to stay out of the 48601 area, is it a high crime area? Just wondering because I was looking at a property in that zip code

Hi Michael! Motivating stuff there, as a newbie in Michigan working on getting started I love to hear about another person starting out with some success. Hope to hear soon you find a buyer and everything works out for you! Oh, and I see your from Newport News! Beautiful place, I lived there for about a year back in 04, would love to go back someday, good luck!

Anyone doing any wholesaling around the Mount Pleasant Michigan area or surrounding areas, such as Saginaw, Bay City, Midland etc.?  If so, would like to hear about your experience and pick your brain a little!

Thanks! I will look into REIA meetings that are anywhere near me. Also, not sure if I am just misreading the last sentence there, "for for use with options"?

I am looking to get running with wholesaling, so just a few general questions if anyone could help.  What sort of research or homework should I do on my area to begin with? Should I just jump in and test things out with a direct mailer, or does the type of marketing I do depend on my area as well? Lastly, is a purchase contract that applies to real estate wholesaling something I should consult with an attorney about? Or is there somewhat of a standard that many wholesalers use? Thank you!

Welcome James! 

Thanks Ty! Getting someone familiar with the area to have a look at it is a good idea.  I do not own a house already, nor have I ever tried! So the financing part is a little daunting to me.  I have worked for a contractor in the past so am fairly confident I can do a lot of repairs myself, it's just the initial "wow am I doing this" feeling I need to overcome! Thank you for the advice!

So for the last few years I have been interested in the idea of Real estate investing, but have suffered from a bout of paralysis, so it had fallen to the backburner for a time while I worked my life away at my office job.  Then a few weeks ago, it began to dominate my thoughts again, to the point that I know this is what I have to do.  Almost simultaneously, a friend of mine(who has no idea I am interested in real estate investing) tells me he will sell me his duplex in my hometown of Alma MI for $10000.00.  He was willed the house and has never really lived in it, he has let a friend of his live in it for the last few years for free.  To me, this was my sign, that this is the opportunity to take action and get into the investing world.  The house definitely needs work, as he never lived in it, and is not the type to keep up on repairs, but it is not in complete disarray by any means.  I guess I am writing this because the paralysis is still there in my mind, and I am wanting to just use this place, because flop or not, it would be a first stepping stone.  Maybe I am writing this hoping some more experienced guys out there will tell me "its a bad idea" and then I have an excuse to carry on being afraid to jump in.  My mind works in mysterious ways! My main question though, is it possible to get a mortgage for a house that is only 10000$, or is this out of the question?

Thank you John! Good to be back on here and ready for some action!

So I'm not really a new member, been off bigger pockets for awhile now sorting things out. When I had joined up before, I had an interest, now I have a huge desire and no doubt that I will be successful. So again, hello! My name is Allan and I am from the alma/mt pleasant michigan area. Hope to gain some insight from you all and someday provide some as well!