Then I’d sit for the Michigan exam.Step 2: Form a Michigan Real Estate Broker Company (aka, a brokerage) per the MI Bureau of Professional Licensing’s requirements.Step 3: Draft written listing and transaction management procedures and source and integrate necessary software programs.Step 4: Form exclusive relationships with a local title agency and mortgage broker.

I have had to put students on a repair program to help them after doing this very thing.

As with any insurance you need to weigh the cost of doing the repair yourself vs the cost of the premium payments.

Auctions are quite possibly the worst place to buy if you want to avoid repairs.

Do they have a lot of repairs called in?

Some owners delay repairs, underfund turns, and create headaches for tenants, which ultimately falls on you.

Purchase price: $169,000 Cash invested: $55,000 Property needed cosmetic repair.

Purchase price: $169,000 Cash invested: $55,000 Property needed cosmetic repair.

The purchase may not make sense if the repair costs are too great, so try to find out as much as you can.3.

Yes, you should have to pay for them.Blinds typically pop into a clip, so that might be 5 minutes to repair.