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All Forum Posts by: Donald Cooley

Donald Cooley has started 19 posts and replied 127 times.

Post: Grant Cardone's webinar over the weekend

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

Did anyone else sign up and watch Grant Cardone's webinar this past weekend? If so what were your thoughts.

Post: Michigan wholesalers

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

I'm looking to pair up with a wholesaler in the north Detroit surburbs. Contact me if you're interested. 

Post: What systems and processes do you have in place as a landlord?

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

Lots of great information here, thanks for sharing everyone from someone just getting started out. Building foundations with this information will pay huge dividends down the road, both financially and mentally.

Post: Should let tenant use garage?

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

I agree if they want to use it, charge extra. I've heard of landlords using the garages to store their own things.

Post: Grant Cardone is Very Down on RE Right Now - Are You?

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

Parts of Metro Detroit are rising. I'm not super experienced but there are still buy and hold deals that make sense and cash flow fairly well. I picked up a 2/1 for 34k and get 750 a month for rent. I'm eager to find a few more before the process start getting to high.

So what are your thoughts @Ben Leybovich? 

Post: The Lending Hall Inc. Commercial Finance Group

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

I received the same invitation. Wondering if anyone else has? I asked for info, references, and a website, only responded with the terms. Like the old saying if it seems to good to be true it probably is. 

Post: Raw land

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

Thanks @Joe Splitrock for your response. I was just thinking of looking into land just beyond where I live planning ahead for future development.

Post: Raw land

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

Just a curiosity question. What are some pros and cons to buying and holding raw undeveloped land?

Post: Comparable sales in SE michigan

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

If you go on Zillow and look at recently sold you will be able to find that information. Another option would be if you have a realtor you deal with they should be able to send you a list of comps for the area. Hope this helps. 

Don

Post: New member with a 5 year goal

Donald CooleyPosted
  • Railroad Conductor / Future investor
  • New Baltimore, MI
  • Posts 130
  • Votes 40

Welcome to BP....always great to set intentional goals. You will find plenty of resources and encouragement on this site! Best of luck on your endeavors.

Don