All Forum Posts by: Alvin Neal

Yes this is from my Galaxy Note 3.

The question is the answer. It is good, bad and ugly in Detroit. It all depends on your risk tolerance. If you're looking for cheap properties your looking at some extensive rehabs in some undesirable areas. You have to find a medium.  A reasonable house in a decent neighborhood that is owner occupied and looking to sell. It should need low maintenance and light rehabbing. You need a great team in place to that are more partner than employee. You should start with a realtor who knows the ins and outs. Where to go in and where to stay out. The number one thing on due diligence is to take your time. 

Hey @Karen, Welcome to BP. That's great that you are investing in the US market. Ohio and Michigan are some great areas to invest in.  If you have any questions about the metro detroit area send me a message or email me. 

From those numbers you gave yes I would go through with it. As long as the seller takes off the price of the septic system. 

You have to establish your buying criteria so you will know how much profit you need to make from each deal. 

If a property doesn't match your criteria or your profit amount you walk away.

@Joakim

You're welcome, let me know how things work out. 

Hey Joakim, if you haven't taken the class you can try mckissock.com.

When your ready to take the test you can read 2013 Michigan Real Estate Exam Prep Questions and Answers. That book is written by people who worked for the company that writes the test.

@ Luana C. Your welcome. 

Anyone in need of a great rehab cost guide email me and I will send you the pdf. Or here is 

the link to download.

http://www.pillartopost.com/costguide

There are a lot of titles I would recommend. Rhinoceros success, The Greatest Salesman In The World, The legend of the monk and the merchant, think and grow rich, and The Baron Son to name a few.