All Forum Posts by: Greg Scott

@Daniel Elijah Richardson

The downside of the free events is that they tend to attract a lot of new or unsuccessful investors.    While you don't always get what you pay for,  I've also found that if you are paying a lot for really good education, you usually find yourself surrounded by highly successful investors.  Meet-ups like that can often be more lucrative than the education itself!

The key is to make sure the education is solid and not one of those pressure-cooker sales tactics to get newbies to fork out thousands.

@Nick Rupcich

Congrats on becoming an investor.  Oakland County has many great places to invest.  But all the other counties in Metro Detroit also have great places to invest.   

There is a big education event this weekend that may help you get going... and in the right way.     Lifestyles Unlimited, a huge real estate education group from Texas, is in Detroit this weekend.  I've been a member for years and have profited handsomely from their advice.  I posted details on the event section or you can go to givemetotalfreedom.com

@Nick Yates

Congrats on becoming a new investor!

You can find a good list of property managers for just about anywhere in the US at NARPM.org.  At one point I had single family rentals in 6 states so this site was useful.  In my experience, the ones with more designations are generally better than average.  After all, they have a commitment to the profession.

For years, I have used Richter & Associates in Metro Detroit.  They have been excellent.   

Given you are a newer investor, I'll also suggest what, in my opinion, is the best value in real estate education.   Lifestyles Unlimited helped me turbo-charge my buy & hold real estate investing and I'm easily making double+ what I used to. They happen to be putting on an event this weekend in Detroit.   Check out my posting in the events section.

@Cyle Lublin   Sure.  Monroe would be great.   Many places can be great.     My experience is that homes in the price range from $100 to $150K are ideal.  The lower end homes can be in war zones or have challenging tenants.  Higher end homes don't cash flow as well or have super picky tenants.

If you are just getting going, one of the best ways to get going is to get educated.  Check out my posting for a real estate education event this weekend in Detroit.

@Ashley Gambrell  Getting education first is the key.  REIAs are a good place to start.  I am a non-stop podcast listener.

@Joe Mazur

Best value for the money in real estate investing education is LIfestyles Unlimited.  They happen to be in Detroit this weekend.   $200 gets you a ton of education, and 1 year of ongoing support.   I posted more details in the events section.  Or you can go to givemetotalfreedom.com

@Account Closed Just one? I recommend getting about 20 realtors. The best deals won't be on MLS so you want a lot of realtors out looking for you. When the stumble upon a killer deal, you want them to call you first.

The group I learned about how to do this is putting on an education event this weekend in Detroit.   Great stuff.  Check out my posting in the events section.

NARPM.org is a great website to find property managers in any city.  I would look for ones with more designations.

If you look, one of the best in Detroit is Richter & Associates out of Livonia.  I use them for my local properties.

In fact, you can meet one of their people at an investing event this weekend in Detroit.  Check out my posting on the Events section.

PS  If you haven't followed the link yet, please note that this event is actually two days long, both Saturday and Sunday.  Saturday tends to focus more on single family investing and Sunday more on apartments.

PPS I just learned they have about 50 people already signed up.  Spaces may fill up.  If you are interested, you should reserve your spot soon.

Fellow Metro Detroit real estate investors:

I wanted to make you aware of an upcoming education event that is a do-not-miss opportunity.   August 5 & 6, Lifestyles Unlimited will be coming to Detroit for an education seminar on single-family and apartment real estate investing.  givemetotalfreedom.com

Lifestyles Unlimited is the largest real estate education and mentoring organization in the country with literally thousands of members. (I've been a member since 2011.)  Lifestyles is based out of Texas with physical offices in three cities, where they have live classes and events. Because of their down-to-earth education and strong network of members and vendors, their members dominate the Texas single family rentals and apartment scene, owning many thousands of houses and apartments. Lifestyles is now expanding nationally and Detroit is one of only five cities they are visiting this year. This may be your only chance to learn from them without having to buy an airplane ticket.

This is not a hard-upsell organization.  The $200 entrance fee also gets you a year-long membership with ongoing access to dozens of on-line training videos, webinars, and live events (mostly in Texas).   Many members buy only the annual basic membership over and over and never anything else.   

Why do they stay members for years?   It is an amazing value.  As a long-time investor, I believe this is the best bang-for-the-buck in real estate education.

Why am I posting this?  I get zippo financially if more people come.  However, I have seen  how powerful it is to have a strong network of like-minded real estate investors who come together regularly.  Bigger Pockets does this in an amazing way on-line.  Lifestyles, with their education, mentoring, and networking opportunities, you can have this same feeling in person.

Again, check it our here at givemetotalfreedom.com

Hope to see you there.

@Ned Carey  I suspect you are right on both counts.   There are legal battles going on now between powerful people with much more resources than I have.   I think I'll stay out of the fray for now.