All Forum Posts by: Alvin Neal

Here is another resource.

Estimating

Here is a link to a Rehab Cost Guide. It has Retail Prices but it does give you an idea of where to start. I hope this helps. Congratulations on your sale.

Rehab Cost Guide

I think it is good for everyone involved. I will require it when I acquire my properties. I also would recommend setting up an automatic rent collection.

The Rhinoceros Success

Hold: How to Find, Buy and Rent Houses for Wealth

Flip: How to Find, Fix and Sell Houses for Profit

Shift and The One Thing by Gary Keller

The Millionaire Real Estate Investor

The Millionaire Real Estate Agent

Unfair Advantage By Robert Kiyosaki

I am with Keller Williams and they do have an atmosphere for investing but it more depends on what your goals are. If you haven't read any of Gary Keller investing books check out "Hold", "Flip" and the Millionaire Real Estate Investor.

@Ryan McElroy You will have to check with your state as to whether you will have to hold your license with a broker. You will have continuing education classes to take.. Also there will be MLS and Board fees as well as you broker split.

My goal is to invest in RE. I have had my license for 9 months. It is great to have and there are lots of resources available to you. I have recently taken the REO, HUD and Short Sale classes.

Feel free to message me if you have any questions about the test or license.

@Jake Hemrick Those properties sometimes can't be given away. You are better off buying an Ipad if you don't have one or getting a cheap trip off groupon.

As @Eric Emerson stated there are better properties in the city that can be purchased that will get you around $700-$850 per month. That does require knowing someone that have knowledge of which area is the best to buy in. The risk there is making it cash-flow with the cost of taxes, property insurance, property manager and other expenses. 

Hey Rolisia, Welcome to BP. What part of Michigan are you from? 

@John Genovesi Welcome to BP. I am also an agent with Keller Williams here in Michigan. 

I am definitely interested in networking and learning from an experienced investor. 

How long have you been an agent?

@Desean Mattox  

If you are interested in learning more about investing you should attend a local REIA Club. There's a great one in Ann Arbor. Also in Troy and In Downtown Detroit in Corktown.