All Forum Posts by: Richard Dunlop

lol !! @richard... I feel ya!!! Somehow us yoopers make it work though and once you are used to it, you wouldnt have it any other way... well id take 10 degrees :)

I relocated from Southern California where 40 degrees is cold!

I survived minus 46 degrees wind chill factor. I went out and stood on my porch for 10 minutes without a coat.

Good luck on acquiring your dream deal.

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Originally posted by @Jennifer Streamer:

Originally posted by @Richard Dunlop:

The lower cost areas, including the better areas of Detroit, will appreciate much faster than Royal Oak, for example. There was a good article in Crain's about appreciation in the area:

http://www.crainsdetroit.com/article/20150615/NEWS...

Wayne county is appreciating the fastest and Oakland County is appreciating the slowest.

Thank you That is an excellent article! And it makes the points I've been making since I started posting on BP

Wayne County (Mostly Detroit) 43.1 % Appreciation in past year

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Nice community. Nice pictures.

But you need 10 more degrees of global warming to make it livable!

Love the UP

3 Votes

Originally posted by @George P.:

Originally posted by @Richard Dunlop:

got another for 68k. they estimated at 150k since there is no house like that within miles of it. we were able to lower it ourselves to 125k. the tax guy was like "there's no way to save money on this house"... so, i am totally confused of how the process works.

Your success with that one proves your Lawyer tax advisor was wrong. It is worth trying even if the experts say it can't be done.

I sent you a PM with a couple more tips There are many more

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Originally posted by @George P.:

my question is, if they could not do ANYTHING for me, how do these lawyers make any money? how do they pay their bills?

A couple of questions/ answers: Maybe they want the easy ones that they can cut to one third and aren't wanting to work on your property because they might only get a reduction of $5000 in the assessed value.

Are the values fair in your estimation?

Are you buying below market?

Your market is much more stable and appraisable than the markets I'm having great success in. The more in Flux a market is the more the appraisal value is nebulous.

My appraiser lives in Livonia I'll PM you some more tips.

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Do not accept cash for a rental!

Money Order can be recovered if stolen.

Direct deposit or auto withdrawal

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Originally posted by @George P.:

i tried westland and livonia. i even spoke to the tax lawyers that apparently make money off this process. they all said said:

At the City level they all say NO!

Except Detroit, Detroit will give a little hoping you wont take it farther.

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Have you a familiarity with the market you are buying into?

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All Forum Posts by: Richard Dunlop

Richard Dunlop has started 7 posts and replied 714 times.

Post: Multi units Wanted seller financing 0 down

Stay out of the war zone!

Post: Multi units Wanted seller financing 0 down

Stay out of the war zone!

Post: opportunity you all wont believe!

Post: DETROIT and MICHIGAN (#1 Defender answers questions)

Post: opportunity you all wont believe!

Post: Wayne county property tax

Post: Wayne county property tax

Post: What to do with a tenant who was just jumped and robbed?

Post: Wayne county property tax

Post: Out of state - When are the right times to fly to see the property?