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All Forum Posts by: Guillaume Derouet

Guillaume Derouet has started 47 posts and replied 64 times.

Post: BRAND NEW ON THE MARKET AND IT WONT LAST ! WARREN MI PROPERTY!!!

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Bungalow

- 900 sqft

- 2 bdrm + office ( can be converted as a bdrm )

- Garage

- Huge lot

- New Furnace

- New Water Tank

- Repairs mostly cosmetics ( ask me, i have 40 pictures that i can send you )

Comps sold for 2 bdrm for bungalow with vinyl sidings in the last 6 month within a mile radius, $45k-$50k !

ASKING $14K.

Annual Rent ( Rentometer ) : $7800

Annual Management : $780

Annual Taxes : $1200

Annual Insurance : $500

Please let me know if you want to see it or have any questions.

Guillaume 734-707-4051

Post: 2 PROPERTIES FOR THE PRICE OF 1 !!!!

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Great condition

- Front house fully rented :

$450 for the upstairs, 1 bedroom, 1 bath

$350 downstairs, 2 bedrooms, 1 bath

Unit downstairs can rent for $550 ( rentometer.com )

- Back house vacant

3 bedrooms, dining area, 1 bath + sunroom

Can rent for $700 ( rentometer.com )

- Annual taxes : $3162

- Annual insurance : $1682

- Management company 10% : $170

- Potential cash flow = $1127

Potential ROI %45

ASKING PRICE: $30,000

Let me know if you are interested and if you have any questions.

Please do not disturb the tenants.

Guillaume : 734-707-4051

[email protected]

Post: BRAND NEW ON THE MARKET AND IT WONT LAST!

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3
Ecorse, Mi, Colonial style house duplex with 2 units, both RENTED. $325 for the upstairs 2 bedrooms, 1 bath $400 downstairs, 2 bedrooms, 1 bath + office area Both can rent for $600 ( rentometer.com ) New roof, new chimney, 2 furnaces, 2 water heater, 2 water meter, 2 electrical panels Annual taxes : $1814 Annual insurance : $936 Call or Email me for additional info or photos. [email protected] or 734-707-4051 

Post: rental or homeowner

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi guys, how do you determine if it is a rental or homeowner neighborhood? I need to know if im going to do a turn key for renters or a rehab for future homeowners.

Please help.

Merci.

G.

Post: comps

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi Guys, when you have 90 % of ranch style homes and you try to do some comps with a colonial property, if you find some houses with the same numbers of bdrm and same sqft, do you take it as real comps or you dont? How do you deal with it?

Please help.

Merci.

G

Post: Probate yellow letters campaign

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi Guys, i sent over 1000 yellow letters to a probate list and almost half of it get back to me, either because it was vacant or other reasons. What do you do in this case? Do you mail it again or you remove the names from the list and save money?

Please help.

Merci.

G.

Post: foreclosure

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi Guys, how to find out which bank own a property? How to contact them, make an offer and negotiate?

Please help.

Merci.

Guillaume

Post: looking for funds to finance owner occupied property

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi Guys, im looking for a loan for my personal property. Im self employed and dont qualify for a regular mortgage yet. Im not looking for hard money but soft money.

Please let me know if you can help, i will appreciate.

Merci.

Guillau,me

Post: Foreclose on a LLC

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi Guys, if i buy a property under my LLC and default on the payments and the lender foreclose on the property, does it affect my personal credit?

Please let me know.

Merci,

Guillaume

Post: peterson financial services

Guillaume DerouetPosted
  • Investor
  • Ann Arbor, MI
  • Posts 65
  • Votes 3

Hi Guys, does anyone have heard or work with them?

Please let me know.

Merci.

Guillaume