All Forum Posts by: George P.

@George P. The house is actually in Plymouth but I am at Farmington and Schoolcraft so not far from the orange lawn duplexes. Have your experiences with rentals in the area been good? Seems like the opportunities are good in Livonia and the surrounding cities from what I have seen thus far.

@Michael West I live in livonia, 6 mile and Farmington. Our suburb doesn’t have any rentals, but I have another opportunity to move and keep my own house for rental. My husband said our neighbors will hate us if we rent the house out. Is it true rentals will bring neighborhood value down? Thanks for your kind response.

@Jason Collins Hey! I'm actually looking in the same areas, focusing on SFR. I've been searching in Dearborn, Dearborn Heights, Redford, Westland & couple other cities within a few miles of those. The houses I found are within the 90/120k, tough to make a profit when you're leveraging a high mortgage. Some come in at 75k but coc is low and no equity upfront. Currently saving what I can so I'm ready for the right moment.

@Jason Collins I echo your struggle. I have 1 property in Harper Woods but  I've been actively looking in South East Michigan (Roseville, St. Clair Shores , Eastpoint , etc.), and the market is crazy hot. Some of the properties that I've offered on would cashflow, but there our multiple offers coming in over asking.  I do have some information for wholesalers, etc. which I will DM to you. A ton of the properties that they have been sending over are not in my area of focus but they may work for you.

@George P. even with all the craziness, what areas would make the most sense near Redford? Also I would love to connect as I see you have a PM and construction company, which is also what I'm actively looking for in 2021.