All Forum Posts by: Kyle Manduch

@Brandon Foster - with entercastle.com, have you used them yourselves or have any experience with them?  I'd love to know someones feedback from BP regarding the quality, especially for rentals within the city limits (such neighborhoods as University, Bagley and SW Detroit). 

Thanks!

@Jason A. Smith - Welcome to Bigger Pockets Jason!  I'm also in these areas as well as an investor, so once you are up and running, we should chat.  I've been quite active in Dearborn/Dearborn Heights, which is nice since Ford Motor Company is renovating their entire facility, which should bring up/stabilize house values, but a ton of competition.

https://media.ford.com/content/fordmedia/fna/us/en...

Also active in Detroit as well, with a system and team on the ground.

I have recently partnered up with a friend - and we are bout to put offer on the table for a bank owned house. We are not an LLC - what is the best way going about this if down the road we are going to pull an equity loan on the house?

If me and him both put our names on the offer and get the title, will we both have to get approved to get that loan?

What is the best way? LLC, sign on my own with "our" funds, or what?

Both me and my buddy have great credit, both good jobs, but we are just looking ahead to see if this would cause issues down the road.

Thank you for your insight - I greatly appreciate it!

Hello All,

I am a huge fan of this site and have been listening to your podcasts for the last 9 months. Each time I listen to them, I get more and more excited about the potentials of real estate and how fluid of a market is out there.

I am currently in the Dearborn area, which is a suburb of Detroit. I have teamed up with my family who have been flipping and renting in the metro detroit area for the last 30 years - riding all the waves - so they are a great asset to help within this process.

As I said, I am still starting off, but we currently have 2 houses (1 rent/1 land contract) in our LLC and are actively looking to start wholesaling.

I am also partnering up with a good friend of mine who also has the same drive and passion towards real estate as I do. We are currently looking at investing in the Metro Detroit area as well. Despite everyone harping on Detroit, which is easy, but there is still amazing areas there that have potential. Our business plan is to stay more centralized and look around the Dearborn area, mainly downriver.

I am very interested in how people in my area are doing and if anyone would like to network. I have an engineering background, so I tend to set processes in place and of course would love to automate this process down the road.

Again, it's a pleasure to join this site and I look forward to many years down the road networking, obtaining and exceeding our goals and giving back to our communities.

Take care,

Kyle