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All Forum Posts by: Alvin Neal

Alvin Neal has started 13 posts and replied 243 times.

Post: Looking for a Realtor in SE Michigan

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

@Paul Virost I'm a Realtor in Metro Detroit. Are you still looking to sell your property?

Post: New investors needs help

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114


@Kiera Underwood Yes it also depends on different areas.

Post: New investors needs help

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

The average could be around $200-$300 depending on a number of factors. Mortgage, Insurance, taxes, property management and vacancy etc. 

Post: New investors needs help

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

@Delbert Standifer I can answer some questions about the Detroit area. What would you like to know?

Post: Is Detroit a good market to begin in for Newbie Investor?

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

Anywhere is good or bad depending on your research and due diligence. You will need a great team on the ground. Are you looking to invest with cash or loans? Some lenders won't touch Detroit.

Post: How to Fund Rehab on a Cash Purchase

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

i work with a few hard money/private lenders. Send me a message to discuss further.

Post: How to Fund Rehab on a Cash Purchase

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

Are you looking to hold or flip the property? Is it inside the city or in the suburbs? There are a few hard/private lender sources that possibly would fund the deal depending on it's location.

Post: Low purchase cost and high rental, is that possible?

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

@Matteo Cancian

If have have interest here in the Detroit area I would recommend buying in a higher price range. There are some decent areas right outside the city that will help you achieve the results you are looking for. Like @Sarah Lorenz, I also would advise dealing with a US based company locally.

Post: Fees are too high for using partners team in place?

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

@Scott Carrillo 

It sounds like you just need to find an investor friendly realtor that can handle the same aspects for way less. 

Post: Properties "near" downtown Detroit

Alvin NealPosted
  • Realtor
  • Detroit, MI
  • Posts 278
  • Votes 114

Hey @Roy Gutierrez 

The areas I would recommend would be the north end near the Q-line or the Milwaukee Junction neighborhood.