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Podcast Hard Money Lenders Books New York
BlogArrowAuthorArrowDrew Sygit

Drew Sygit

Expertise: Business Management, Landlording & Rental Properties, Real Estate News & Commentary, Real Estate Marketing, Personal Development, Real Estate Investing Basics
106 Articles Written
Drew is a classic overachiever, bringing intensity and passion to everything he does. While in the mortgage business, he rose to a VP position at the first broker he worked for and then started his...
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Drew is a classic overachiever, bringing intensity and passion to everything he does. While in the mortgage business, he rose to a VP position at the first broker he worked for and then started his own company.

Experience
In the pursuit of excellence, Drew obtained several mortgage designations and joined mortgage and several affiliate association boards. He also did WebX presentations and public speaking engagements. It was during this time, he started personally investing in single family rentals, leading him to start Royal Rose Property Management with two partners. He also joined the board of a local real estate investors association, eventually becoming its president.

The real estate crash led to an offer from the banking industry to manage a Michigan bank’s failed bank assets they acquired from the FDIC. The bank went on to eventually acquire four failed banks from the FDIC, increasing from $100MM in assets to over $2B while he was there. After that he took over as president of Royal Rose Property Management and speaks at national property management conventions.

Accreditations
Former board member of Michigan Mortgage Brokers Association, Financial Planners Association of Michigan & Mariners Inn (nonprofit)
Former taskforce Member of Michigan Association of CPAs (though not a CPA)
Involved in mortgage business for over 18 years, obtained mortgage designations: Certified Mortgage Planner, Certified Mortgage Consultant, & Certified Residential Mortgage Specialist
Board member of Real Estate Investors Association of Oakland; President since 2012
2009-2012 Shared-Loss Manager for Talmer Bank (now Chemical Bank) handling FDIC failed bank loan loss strategy, reporting, REO management, collections, & gap analysis
Started investing in real estate in 1996
President of Royal Rose Property Management since 2001

Education
Drew received an MBA from Wayne State University, concentration in Finance & Marketing.

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LinkedIn
www.RoyalRoseProperties.com

Read Less

Real Estate News & Commentary

Can The Apartment Market Continue to Boom?

By Drew Sygit

Multifamily rentals — by and large, “apartments” — are strong and not showing any signs of slowing down. Axiometrics, a research firm that studie...

Read more →

Business Management

5 Ways to Stand Above the Competition as a Property Manager

By Drew Sygit

A huge part of being a property manager is learning how to market yourself and your company. You have to do it twice, after all: once to your client owners, the property owners who allow ...

Read more →

Landlording & Rental Properties

4 Foolproof Steps to Painlessly Resolve Tenant Complaints

By Drew Sygit

If you manage properties, there’s one thing that absolutely will happen, no matter how amazing you are at your job: someone somewhere will complain about something.

Read more →

Mortgages & Creative Financing

The Pest Clause: A Small Lease Addition to Avoid a Big Headache

By Drew Sygit

There are a lot of clauses in any given lease, and some of them are obviously more or less business-impacting than others. Your late-rent clause, for example, is one that always gets plenty of a...

Read more →

Business Management

The New Trend That May Convince You to Try Your Hand at Property Management

By Drew Sygit

The Great Recession ended, according to U.S. economists, five years ago — so we can all stop worrying about the state of the economy now, right? Riiight. No matter what the economists tell you, ...

Read more →

Mortgages & Creative Financing

Why Annual/Term Leases Win Out Over Month-to-Month (Almost) Every Time

By Drew Sygit

We’ve always been a proponent of term leases, so our viewpoint might be a bit biased, but hear us out. Over the years we’ve met many landlords that are adamant about month-to-month (MTM) ...

Read more →

Business Management

Property Manager Marketing: Can You Relate?

By Drew Sygit

Way back in Part I of this short series, we mentioned that part of property management marketing was the ability to create an implement marketing materials that moved customers along each...

Read more →

Business Management

Property Manager Marketing: Who Are They To You?

By Drew Sygit

In Part I (“Your Perfect ...

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Business Management

Property Manager Marketing: The Perfect Client

By Drew Sygit

Property managers spend a lot of time marketing — but they spend most of that time marketing their existing properties to potential tenants. Quite often, marketing their services to prope...

Read more →

Mortgages & Creative Financing

Excerpts From Our Best Lease Clauses

By Drew Sygit

We’ve inherited a lot of leases over the years when taking over the management of properties from stressed out Do-It-Yourselfers and competitors. Most of them were…OK…but a surprising num...

Read more →

Landlording & Rental Properties

How to Be Reasonable As a Landlord With Apartment Wear and Tear and Security Deposits

By Drew Sygit

How do you go about determining what damage a tenant was responsible for after they move out? There is always damage — that’s not a question. But it can be surprisingly difficult t...

Read more →

Business Management

The 4 Things Your Property Management Website Needs To Do

By Drew Sygit

A website is an absolute must for a property management firm. Without one, you’re essentially advertising your backwardness to the younger, tech-savvy generation of renters — and you’re m...

Read more →
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