All Forum Posts by: Mike Warner

@Jonathan Perez Jonathan just a newbie question for you. Why the property management if you are planning to live there?

Hey @Ethan Painter were you successful in your HUD home bid?

Hi @Hilary Hageman. I just signed on a my heloc from PNC bank on Friday.  The rate I was able to get was 3.4% they actually would have dropped by a quarter percent if I opened a checking account with them. Interest only for the 10 yr draw so that is a plus also. Shop around for a better rate. They are out there.

Hi Jason. Welcome. I will second what @Ramon Huerta and @Nicholas Myers mentioned. Plenty of information to be had here. Good to see another Michigan man on board.

Way to go Elizabeth. As a newcomer to real estate I think the advice you gave is something to remember

Great job

Keep learning, keep earning. 

Thanks Ethan that does help. Pictures and notes of everything is also my plan when doing a house walk thru. Having someone you can trust to advise on costs. BIG ADVANTAGE. Hope you land the house If the numbers work out.  

Hi Ethan.  As a potential new investor I am keeping an eye on your progress. I am always keeping a look out fo a hud home in my area as well. One question I have about the rehab costs that you have listed.  Is this based on actual estimates or previous experience maybe

 Being able to estimate rehab costs are the thing that concerns me the most when looking for a house

Hey @Jeff Robert have room for more at the next meet up? I am looking to connect with people in the Howell/Livingston area.

Hi Alexis. Brand new to the BP board myself. Best of luck to you in.

Thanks for the welcomes fellas.