All Forum Posts by: Maria Fortner

@Adam Macias I'm not surprised by this report either. When I got in the business in 2014 I was told the average agent sells 6 houses per year, I thought that was crazy because I sold like 30. Being a newbie I learned from investors, worked with investors and became an investor. I think the market you're in surely makes a difference. I think more agents should consider working with investors for stability, I'm not sure why they'd avoid it. Real Estate sales can be broken down into several niches but ultimately your network is your networth. That's the facts.

Single Family 3/2 OFF MARKET, Fitzgerald 48238

Renovated Home

Basement needs clean out and updates

NEW furnace, water heater, roof and flooring. 

The work is done for you, clean her up, finish the basement and move a tenant in.

ASKING 105K

You said you don't want to do cash for keys or eviction, those are the only choices you have. Yes, eviction is enforceable in Detroit, you will need to contact a baliff after the eviction is final, this will take some time, honestly your best bet is cash for keys unless she leaves. 

@Kingsley Michel Do you want less cash flow, better investment or higher cash flow, likelihood of some issues? I would start with how much you are willing to invest. I've sold properties to investors who hold portfolios and for lack of better word the properties are all trash and then I've dealt with some who have a well-oiled machine. If you're new you may have to take the low hanging fruit and deal with some problems and then move up. This deserves a further conversation. The best to you in your journey. 

 @Barak Amar @Daniel Hoang I'm an agent and have helped plenty US and foreign buyers acquire property, rehab and project management. This is the easy part, the hard part is finding a reliable property manager and dedicated contractors. I am looking to build a long-term relationship with investors. I have several resources to get these jobs done. 

@Jay Hinrichs I can’t tell you how much I overstand this being a Realtor and Investor in the Detroit market myself. For the last 8 years I’ve seen inventory recycled multiple times. So how do we solve the problem? Like Dave Ramsey said (I think it was Ramsey) live where you want and invest where it makes sense. Although the returns look good on paper it doesn’t make sense to invest in problems and for those that want to take the risk find reliable professionals and build relationships in the community.

@Bruce Woodruff Blaming and truth is two different things. Again WHY are people in poverty? Is it because they don’t care about themselves or is it because they have been trained by a system that made them depend on the system, stole their freedom and lied to them for years. Sure they should care about a community they don’t own and have no equity in. The people investing in the neighborhoods have the resources.