The horror stories are people buying too cheap and buying bad houses.Lots of great opportunities in Metro Detroit.LogicalPM can manage.We just heavily recommend not buying the cheapest property or getting tricked by a wholesaler on a $15k “great opportunity”.Just buy the good stuff.Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

Why do you think purchase contracts are so long and have such small print?

FNRP purchased two good size retail strip centers in my local area and put up signs saying it is under their management.

How did you decide on a fair purchase price looking forward a year of two?

I work with The Short Term Shop and they specialize in helping investors purchase and learn to run and manage their str's. 

It's a win win for everyone.I don't do property managment, we do free tenant placement for all our investor clients that purchase a house with us.Also you can put it on Facebook Market place for more exposure and then redirect them to the zillow link for more information and application process.I hope that helps.Best Regards,Lily Rodriguez - Investor friendly Broker

Hi everyone,
We're hoping to find a trustworthy and dependable cleaner in the Kissimmee area. Our previous team, found through Turno, became unavailable due to their growing business, and our current cleaner hasn't b...

Just last year I expanded my property portfolio by purchasing a four-plex in Los Angeles County (Inglewood area) and a Single-Family Residence in Riverside County. 

I'm planning to purchase an investment property and would like to understand the typical down payment requirements.

I have worked with EasyStreet in the past and have closed loans for my clients using their program.At this time, I am currently using a different program for short-term rental purchases and it has been performing really well this year.