All Forum Posts by: Dany Namou

Does it have public water and sewer access? 

Emilio just look up Michigan builders on Google and cold call them about your land. No need to split commission. 

Most builders need the land to be around 1/5 of the house value or ideally less.  Does your land fit the bill? 

1/2 of first months rent is a very standard ordeal for a leasing agent in Michigan. 

The landlord/tenant pays this fee using the first months rent.

Yeah OP is about a C IMO. Just Use Rent O meter for free once and price towards the upper range of the spectrum if the unit is nice. 

Hey I've got a referral for you. PM me. 

Connect with me and I'll PM you. I don't want to get flagged for advertising. 

What are you looking for in a broker? Do you want one with a ton of training, and a high Cap, or do you want minimal training/support and a very low Cap. Or are you looking for a good mix of both? 

@Joel Owens

@Ron Turner

50/50 split is quite low IMO. I would definitely shop around. I currently have a $7500 cap with a $750 fee per transaction (After the tenth transaction, I am 100% commission), and my offices are in the most expensive parts of our state, and they have quite a bit of support (albeit not as much as other brokerages with higher fees). 

As a new agent, I would't mind trading a higher commission split for more training/coaching/support. However, I would not stay there too long after I learn the ropes. 

Also, as a heads up, do not sign a non compete agreement with any brokerage. I foolishly made this mistake and now it's costing me big time. 

@Josh Carter

Epic Property Management is often recommended among Detroit Investors and locals.

I am not certain if they do Hammtramack though.

What are you looking for in terms of NOI?