Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Phillip Smith

Phillip Smith has started 5 posts and replied 22 times.

Post: How to find out who owns vacant property

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Stephen Keighery

Thanks, I really appreciate your input.

Post: How to find out who owns vacant property

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Drew Sygit

Thanks Drew for your detailed insight.

Post: How to find out who owns vacant property

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Stephen Keighery

Thanks Stephen for the reply. I’ll definitely do this.

Post: Detroit property search-

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Adedayo Adetunji

I too saw Ashley Hamilton’s AMAZING story on BP and have reached out to her as well. No luck yet but I’m still hopeful. I’m sure she’s super busy managing her own empire, and time is money.

I’m don’t have a ton of money but I’d even be willing to pay her a consulting fee for her time, just to pick her brain a bit. Until then I’m doing as much research as I can on my own....you know....”give a man a fish...teach a man to fish....”

Best wishes bro on your REI adventure.

P. Smith

Post: Buying and Renting Section 8 Properties in Detroit

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

I’m seeking to purchase my first Section 8 property in Detroit. I’d like to reach out to local Detroit Section 8 property owners to discuss strategies and techniques they’ve found useful in finding, securing, renovating, & successfully renting properties in Detroit.

Post: How to find out who owns vacant property

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

I’m a newbie trying to buy my first door in Detroit (duplex or single home), I live in Detroit & am looking to invest on the east side. I see lots of presumably abandoned properties that at least on the outside look like they have some promise. My problem is I don’t know how to find out who the legal owner of these houses are to contact them in order to make an offer.

I also don’t know what a reasonable offer would be. I can be very frugal and don’t want to get shot down with overly aggressive lowball offers. I want to be fair, but I’m also trying to build a portfolio of 8 to 10 homes (or 4 to 5 duplexes), preferably clear and free within he next 5 yrs. Any help would be GREATLY appreciated.

P.S. ATTENTION ASHLEY HAMILTON...IF YOU’RE STILL ON BP PLEASE CONTACT ME. I’M A FELLOW DETROITER (BORN AND RAISED ON THE EAST SIDE...DON’T HOLD IT AGAINST ME IF YOU’RE FROM THE WEST SIDE). I’VE SEEN YOUR STORY, AND. ADMIRE HOW YOU GREW YOUR PORTFOLIO TRULY FROM THE GROUND UP WITH YOUR FIRST DOORS CLEAR AND FREE.THATS WHAT I’D LIKE TO DO. PLEASE CONTACT ME IF YOU CAN FIND THE TIME. THANKS IN ADVANCE.

PHIL SMITH

Post: Starting too late in life?

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Heather B.

Hey Heather, glad to know I was able to help even in the least. I hope you & your hubby get your long awaited home. And yes...please do forward me the info on the other two available properties. Thanks for thinking of me & sharing. Have a great weekend.

Post: Starting too late in life?

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Heather B.

Hi Heather my name is Phil. I read your story, and it resonated with me. I’m in a similar situation....waited later in life....will be 51.

I’ve always wanted to get into real estate. And feel I let fear of the unknown and all the what IF’s stop me. I bought my first home (primary residence) when I was 21 yrs old, when most of my friends were buying fast cars. But I stopped there, and never took the next step of purchasing another.....and building a portfolio of properties.

I feel you....in that...this late in life we can’t make risky decisions that we don’t have time to rebound from. But I also know that if I don’t at least make an honest, informed attempt at getting into rental property, that I’m going to regret it for the rest of my life. And for me regret would be worse than a failed attempt.

How bout we make a pact. To stay in contact with one another using the BP forum, and share articles/posts to keep us encouraged & motivated. Let’s not just be takers of information...let’s share as well. Share what??? We don’t have any knowledge about the real estate game...right?

That may be true. But we know what it’s like to be older, with fears of losing it all, and not know where to start. Sharing that alone might just help someone else in our boat (so to speak) feel like they can do it too.

Won’t it be great when we’ll be able to post some time in the near future. “I remember feeling the same way you do...(speaking to someone just like us) but with the help of the bigger pockets community, research, a little hard work, and determination my husband and I have now...(insert success story here)”.

We CAN do this!!! We just have to be smart about it. What do you say?

I truly feel like like learning anything, there will be a learning curve.

Post: Choosing rental property in Detroit

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Drew Sygit

Thanks Drew for the advice. I really appreciate it.

Post: Choosing rental property in Detroit

Phillip SmithPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 22
  • Votes 12

@Isaura Orellana

Thanks for the knowledge & encouragement.