All Forum Posts by: Rob McGraw

This one is no longer available.

Send me an email at [email protected] to be added to our list for future deals.

Thanks all!

This one will need a freshening up inside and out, but is priced to move quickly. 

Will need siding redone on back, bathroom remodeled, drywall patching, a few windows replaced, fresh paint and carpet, and a detailed cleaning. 

You can be all-in here for $40,000, refi, and rent for $950+.

Here's a link to pictures.

Please send me an email at [email protected] to schedule a showing.

Set it and forget it - this Pontiac home was recently renovated and rented at $750/month, with the tenant paying all utilities.

Tenants include and elderly gentleman and his nephew, and the home is located in a quiet neighborhood just a couple streets from the border of Bloomfield Hills.

No rehab needed on this one. Owner has replaced the few spots of siding missing in the pictures.

Here's a link to take a look

$36,000 is the buy-it-now price. To limit tenant disruption, we'll need an EMD and purchase agreement (contingent on a walk through of course) to schedule a showing. First one received at full price gets it. I hold the assignable contract.

Thanks all!

This 2-bed rental was previously a 3-bed, and can easily be converted back.

Property is on a full basement, with a large 2-car (26x24) garage behind.

Long-term section 8 tenant on MTM lease at $625/mo. Tenant currently pays all utilities. You can either keep the tenant as-is, or renovate and bump rents to $850-900/month.

Property will need fresh paint and carpet, drywall patching it a few spots, undercounter kitchen cabinets replaced (hanging cabinets are newer), concrete 3-step out front replaced, and 60sf of roof on back addition replaced. Plus 80sf of frame/160sf drywall to convert back to a 3-bed.

Here's a link to pictures (not my best performance on this one, ladies and gents).

Here's a link to sold comps in the neighborhood

Here's a link to rental comps in the neighborhood

I hold the assignable contract. To limit tenant disruption, a showing will only be scheduled after receipt of EMD and acceptable purchase agreement, contingent on a walk through of course.

$29,750 is the buy-it-now price. First contract and EMD sent over at that price gets it. No bidding war or other bs.

Please send offers to [email protected]

2 bed / 1 bath 750sf, 2-car garage (what's left of it), on a crawl.

Take on your next fall project - there's plenty to be done here. This one needs just about everything to get rent-ready, but it will be more than worth it for the one who sees it through. The pictures should give you a good idea of what needs to be done here. Feel free to reach out with any questions.

Here's a link to rental comps - all between $800 - $900 this year

Here's a link to ARV comps - between $60,000 and $75,000 this year.

Here's a link to photos for your viewing pleasure.

I hold the assignable contract. Buy-it-now price is $19,750, meaning the first contract and accompanying EMD that comes through for $19,750 gets it. No bidding wars, no hassle.

Email offers / questions to [email protected]

Tenant's been in place 10 years with no plans to move. No late payments, MTM lease.

Market rent is between $775-$900 for nearby 2 bed / 1 baths. Tenants are smokers, so the property will need a paint and carpet job should you decide to shoot for market rents. 

If you want to keep things as-is with no hassle, continue with the $6,000+ annual net income.

Roof and windows replaced in the last 10 years, and the water heater within the last 2. Furnace is past it's useful life but no issues (we know how that goes). Waterford schools. See the links below for market information and photos.

Link to sold comps

Link to rental comps

Link to photos

I hold the assignable contract. To avoid tenant disruption, a showing will only be scheduled after and acceptable agreement and EMD is received. Contingent on a walk through if you'd like, of course.

$39,750 is the buy-it-now price. Meaning once I receive and offer for that amount accompanied by EMD, there will be no bidding war and I won't accept another offer received later.

Email offers to [email protected] 

Price reduced to $89,000!

This one is still available!

Update: Furnace not actually new (although looks it) - installed in 2000.

This one has closed, thanks all!

This one is no longer available.

Here's a link to a couple other places we have for sale:

https://drive.google.com/open?id=1K3u-1Imn7Dq4IPBDzNjmgY1xVcou6lLpLfrAuCgRKEo

Come in and finish this former live-in flip, located 1 block off Lower Straights Lake (with privileges). Nice corner lot in a quiet neighborhood. This ranch-style 3 bedroom, 1,446sf home already has one bath updated, and one framed to be completed next to the master suite. This one also comes with a fenced-in backyard and attached 2.5 car garage.

Roof and furnace replaced within the last 5 years, and septic was replaced in 2001. Turning on the well trips the breaker. All other known repairs to be completed should be found pictured, in the link below.

3320 Fox, Commerce - 3/2, 1,120sf in similar condition sold for $135,000 cash, which is the most recent comparable sale in the last 12 months in the neighborhood

ARV Comparable - 9607 Nestoria, Commerce - 3/1.1, 1,425sf split-level sold for $195,000 within the last 12 months. Just a few streets over from the subject property.

Renovation costs vary widely depending on purchaser, as we all know, but I'd say this needs every bit of $35,000 to finish.

I hold the assignable contract.

Here's a link to photos (evening appointments not conducive to great photography ¯\_(ツ)_/¯):

https://drive.google.com/open?id=1--iXjSuVW-yWp5dJoINNdCoPwIUzWS6Y

Feel free to drive by, but showings will only be scheduled with an accepted offer (contingent on a walk through of course) and receipt of EMD made out to Title Express, LLC

Don't hesitate to email any questions - [email protected]