All Forum Posts by: Mike Simmons

no Daniel. Sorry. That one has sold.

Hot Property in Harper Woods, MI with HIGHlY desirable Grosse Pointe schools.

3 Bed / 1 Bath 1,200 Square feet Basement - Unfinished Garage- 1 Car Detached Market rent: $1,150/month (rentometer) Yearly Taxes- $2232 Rehab needed- Minimal rehab needed on this one! Kitchen and bathrooms are dated but functional. Flooring needs to be replaced/refinished. Paint throughout. Furnace is older but works. Asking price- $45,000 ARV $65,000 Harper Woods, Macomb, Detroit, Michigan

hey @Miles Stanley!!   My name is Mike Simmons. I am the host of the just start real estate podcast.   Very cool that your listener. I appreciate it! Just wanted to weigh in here since my show was mentioned and it sounds like you identified with some of the things I said.   It is absolutely crucial not to get bogged down in the learning phase. 

When I look at your list of activities above, I can tell you without a doubt, the third item is by far the most important and where you should be spending the vast majority of your time.   Finding good deals is the name of the game in this industry. You find a really great deal, and I do not think the money will be difficult to locate. The hard part is making sure that the deal you find is actually a really good one and not one that you were just emotionally excited about and want it to be good.  

 As far as contracts and stuff, I wouldn't get overly worked up about those things either. There's plenty of free examples of contracts you can use out there to get started.  

Good luck! Feel free to contact me anytime and I'll do whatever I can to help!

Check out this great rent ready property in Redford Michigan. Redford is a highly desirable rental market in Southeast Michigan. You don't want to miss this one!

This is a seminar that is being offered to anyone in southeast Michigan. Learn how me and my partner have created a $36,000 in the last 6 months! If interested use this link to reserve your FREE ticket: www.freewholesale.eventbrite.com

Detroit, Novi, Farmington, Royal Oak, Troy, Birmingham, Canton, Westland, AnnArbor, Sterling Heights, Rochester hills, Berkley, Madison Heights, Southfield, Livonia

This is a seminar that is being offered to anyone in southeast Michigan.  Learn how me and my partner have created a $36,000 in the last 6 months!  If interested use this link to reserve your FREE ticket: www.freewholesale.eventbrite.com

Great property- VERY well maintained!

9391 Fox Ave, Allen Park, MI 48101

$84,500

KEY FEATURES
Sq Footage: 1000 sqft.
Bedrooms: 3 Beds
Bathrooms: 1.5 Baths
Parking: 1 Garage
Lot Size: 5271 Square Feet
Property Type: Single Family House

DESCRIPTION

Cash or hard money only! Realtors add your commission!

All Brick Ranch
3 bed
1.5 bath
1000 sq feet
1 Car detached garage
Full basement (partially finished)

This house is VERY clean

Estimated rehab - 20k
Yearly Taxes- $2377

ARV - 125k-130k

Market rents are $1000-$1100/month

This house is in really good shape, just needs cosmetic updates. It sits on a quiet street in a great neighborhood.


Contact info:

Mike Cowper 
248-871-7450

I've got a super clean ready to rent condo for sale.  Seriously, just place the tenant start collecting rent! NO renovations needed on this one. GREAT neighborhood.

ASKING $29,000  

1 Bed / 1 Bath 750 Square feet Foundation- na (condo) Garage- Carport Yearly Taxes- $1000 Fair market rent- $750/mo Assoc dues- $209/mo Super Clean and ready to rent! As turn key as it gets! More pics HERE

9245 Faussett Fenton MI

ASKING PRICE $150,000

**Cash buyers only please**

1.28 acres!!

4 Bed / 2 Bath

2212 Square feet

Foundation- slab

Garage- 2 car attached

Renovations- $25,000

Yearly Taxes- $1296

ARV- $230,000 (conservative) THIS ONE WONT LAST LONG! Contact  Mike Simmons 586-275-7122

these are all sales within the past 4 to 6 months.  as far as the square-foot of the new builds, I would have to go back and check, but they were all built on lots of a very similar size as this one