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All Forum Posts by: John Werthman

John Werthman has started 4 posts and replied 5 times.

Detroit Real Estate Forum

Post: Rental Cleaning Services

John WerthmanPosted
  • Posts 5
  • Votes 0

Hello All!

My wife is interested in starting a cleaning service that targets landlords who have recently vacated properties that need to be cleaned before they can be turned over. 

Has anyone ever heard of a service like this or use something like this?

Thank you!

0 Votes
Detroit, Michigan
Buying & Selling Real Estate

Post: How to scale REI Portfolio??

John WerthmanPosted
  • Posts 5
  • Votes 0

I currently have 5 properties that are paid off. However I want to know what people think about how to scale quickly. I.E. add more doors in order for my wife to retire. 

Thank you!

0 Votes
Marketing Your Property

Post: Michigan Investor St. Clair County Michigan!

John WerthmanPosted
  • Posts 5
  • Votes 0

Hi! I am new to REI in the St Clair County Michigan area! I would love to get connected with other REI in my area!

0 Votes
Buying & Selling Real Estate

Post: Best loans for starting out in investing.

John WerthmanPosted
  • Posts 5
  • Votes 0

I am getting started in real estate and have researched a lot about what to look for in a deal, etc. However I still want more clarification on the loan process.

My thought is:

Obtain a interest only loan for 2-3 years. 

Purchase an undervalued property (BRRR method) etc.

Refinance after obtaining renter and then refinance with a home equity loan and do it all over again.

Is this a realistic process? Thank you for your feedback! 
 

0 Votes