All Forum Posts by: Matt Petrovski

hello nobody from my office is answering. Lady gave me a check that has security deposit and first months rent all in one the same check. Should I give it back to her?

@Brandon Gentile not on a team, I decided to go solo

Thanks guys for responding guys, I appreciate it. 

@Edward Sittler I'm dealing with residential right now.

Hello to all, I have recently started working with Keller Williams Realty and in training. I am looking to build my contacts and find potential investor's to work with. I am new to being a realtor, but I have been on BP for quite some time now. I found this site when I was 20 years old and the allure of "wholesaling" captured me. Tried that a few years ago and while I got some decent leads, I never followed through with any of it. Partly because I didn't know how to make an offer then and I was nervous.

Fast forward some years, I'm 24 and now I am a licensed realtor in Michigan. I've just begun my journey, so I am currently enrolled in training. Even though I'm training, I'm still encouraged every day to prospect for leads daily though, and I work with a great team of people who I can come to for help whenever an issue arises. 

With that said, I believe Michigan has a plethora of opportunity to make money in real estate. There are many areas in MI where a landlord can easily cap 10%+ a year, and opportunity for rehabs (fix/flip) obviously. I'd love to find an investor who likes to operate in C class neighborhoods or better and is serious (some D class would be okay). I know my calculations are right and I know how to find the juicy deals, I just need someone to work with and to build a relationship with. I'm looking for someone who primarily deals in SE Michigan; Oakland and some Wayne county. I can be an asset for somebody and together we can accomplish our goals. I want to thank you for your time, if you actually took the time to read this whole post.

I can be contacted on here, by email, or phone. Which ever you prefer. I check all 3 pretty often, so I will try and reply back promptly.

Have a great day, thank you.

Matthew Petrovski

@Domonic Pope I forgot to add also, when you're pulling comps you're looking at the properties that are similar to yours (Sqft, bd/b, ect..)

@Domonic Pope If you want comps start calling agents asking to pull comps for you. Ask them to pull properties sold in your target neighborhood and everything sold within the last 6 months with a 1 mile radius of the property address. That will give you the best idea on a price. A good agent will not hesitate to pull those comps for you.

What exactly are you looking to find out? I'd be more than happy to give my 2 cents.

Look into transactional funding. I think that could help you out with your proof of funds.

Will the life estate revert to you upon death? I'd assume so, just wanted to ask. Also, for someone who is already 90 years of age, why assume a 20 year life estate?

Sounds like the property needs work inside if you're thinking about offering 500k and no interior inspections allowed. Go for it, I would think that the motivation is there to sell.

@Dustin Graham I think you need to market yourself to distressed property owners who might be looking to sell quick if you're looking to find good deals. Research ways to market yourself to these kinds of people and hopefully you'll have some luck.