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31 May 2016 | 4 replies
I work with a network of partners and no deal is too big or too small.I prefer to stay in the Oakland County area (Birmingham, Bloomfield, Royal Oak, Berkley, Ferndale...), but will also look in certain parts of Macomb and Wayne.
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13 August 2015 | 6 replies
. -- 3780 sq ft 2 story office building (office was previous use)-- Built appx 1900 -- think it's brick, or block with some sort of facade, possibly limestone as that is common in the area -- has a basement as well with partial crawl space -- good soil in the area-- Appears to be structurally sound - no issues - however needs further investigation, the floor joists are likely large old world pine/oak or other hardwoods shipped in so they should be good as long as no previous termite damage/dry rot-- Basement professionally waterproofed 15 years ago - should be no water issues, we've had lots of rain locally (more than we've had in likely 10-15 years) and basement supposedly has not leaked, think it's limestone/concrete -- Building also surrounded by Concrete -- water should not be an issue-- Per agent this week there will be a new roof put on (Flat Roof) at a cost of $17k-- Asking price $60k-- Has been occupied by an accounting firm for I believe 40-50 years - they owned the building and have left as they merged with another local accounting firm and moved to another building-- Dated inside -- lots of paneling, probably dim lighting, HVAC is kind of dated****************************Potential Downsides/Other Pertinent info-- Likely will have low or nearly non existent price appreciation, other than upgrades I'd put in -- I probably wouldnt factor it in any of my figures-- Lots of ranching/agricultural, oil/gas, wind energy activity around - city has the closest major grocery store/Wal Mart to lots of people located in more rural areas within a 1-2hour driving distance -- town is important for that aspect-- Located in a small community - town has appx 12-15k people, however it is a bedroom community located off of a VERY well maintained interstate and it's only 20-30 mins drive from the City I live in that has 500k people -- The city is a good "Clean" town if that makes sense, very nice community gym close by-- Building is on the downtown core - right off of one main arterial and 1 block from the other -- no plans in the future to alter traffic flow etc --- Lots of money has been put in by the city/local govt to maintain the downtown area and make it a very nice walkable area - with lots of little shops, antique places, a couple cafes etc -- A local company in the refining business recently moved the majority of their business there from Wichita and has put a lot of money into this community -- large donations to the college and elsewhere (they make additives and are a nationally known brand -- have been around since the 70's - only way they go down is if we go away from the internal combustion engine - dont see that happening in the time I'd own the building)
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13 August 2015 | 5 replies
I am considering cities in the metro Detroit area such as, Ferndale, Royal Oak, Hazel Park, Oak Park, Birmingham, Southfield, Warren, ect.
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23 September 2015 | 2 replies
We're considering a SF purchase in the Oak Lawn or Burbank area of IL.
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7 January 2016 | 1 reply
Now owns a rather successful chain of pawn shops.Client owns these two properties:River Forest: $600-$800k equity (Owes $400k)Oak Shore: At least $1 mil equity (Owes $175k, worth minimum 1.3mil up to 2.3 mil, I haven’t looked at the property, it was a distressed purchase)Looking for $800k hard money to close on a 43 unit apartment complex.
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6 April 2015 | 8 replies
Usually it was the city owned oak tree I was not legally allowed to trim.
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29 November 2015 | 5 replies
I am in Oak Park, where some people move because of the perception of good schools.
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3 December 2015 | 4 replies
Check out Lending Tree and Angel Oak for HML's.
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14 December 2015 | 10 replies
I'm an officer in the Navy and I'll be moving to Oak Harbor in a few weeks.
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25 March 2016 | 22 replies
My business is vastly different than someone who holds no property and turns over property frequently and banks the profits, at one point in time, rather than over a long time.Good luck.Charles DavidInvestor / agent - Oak Harbor, WA