Commercial Real Estate Broker · Bloomfield Hills, MI · Member since 2016 · 5 posts · 2 votes
I'm a new member to BiggerPockets. I work in the commercial real estate industry full time and listen to the BiggerPockets podcasts on my commute. That's how I was introduced to the BP website, forum and blog community.
I recently started a real estate business with my cousin in law (sounds more complicated that it is) and we've joined the local REIA. Our investing focus is 2 to 4 unit multi-families.
I live in Oakland County Michigan and I'm interested in discussing all locations of commercial real estate in this area.
We're focused on investing in:
Birmingham, MI
Royal Oak, MI
Grosse Pointe, MI
Detroit, MI (Woodbridge, Indian Village, Brush Park, M-1 Rail Line)
Ann Arbor, MI
and any other Michigan locations that people are interested in discussing
So, thanks for having me. Excited to be part of the community.
Andrew
P.S. To anyone that listens to the podcasts regularly, when is Brandon going to start dishing it back to Josh Dorkin?
BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
10y
Hey @Andrew Baines - He dishes it back -- trust me. I get well more than my share of abuse from the big guy. Thanks for joining up, man. Nice to have you here on BP. When you get a sec, upload a personal pic so we can better connect with you as you post across the site.
Investor · South Lyon, MI · Member since 2015 · 4 posts · 1 vote
10y
Welcome! I live in Brighton and invest with a partner who lives in Livonia. What rei group did you join?? What are you interested in knowing about these areas?? I have a friend who's likes royal oak but the prices are high compared to something like Redford (where you could buy 4-6 doors for the price of 2 in royal oak and still get a good rental rate!).
BiggerPockets Founder · HI · Member since 2008 · 16k+ posts · 5k+ votes
10y
Hey @Andrew Baines - He dishes it back -- trust me. I get well more than my share of abuse from the big guy. Thanks for joining up, man. Nice to have you here on BP. When you get a sec, upload a personal pic so we can better connect with you as you post across the site.
Flipper/Rehabber · Commerce Township, MI · Member since 2015 · 38 posts · 29 votes
10y
@George P. I'm hoping you are talking about but and holds specifically . I just bought my first house to flip in Livonia. Don't give me a heart attack haha !
Investor · Commerce Township, MI · Member since 2008 · 98 posts · 10 votes
10y
@George P. is right as far as buy and holds go, I have been looking in Livonia and everything is quite expensive from a buy and hold perspective. You will really have to search to find a deal, there is just not a lot of inventory out there. I have been looking in surrounding markets for better deals. Flips are a whole different ball game.
Commercial Real Estate Broker · Bloomfield Hills, MI · Member since 2016 · 5 posts · 2 votes
10y
Thanks for the messages back! Kind of surprised at the response actually.
Mitchell - you're right, the prices are high in Royal Oak. I'm seeing things move quickly at $120k/door and up. We're planning on joining REIA of Oakland County. Do you have any suggestions?
Not really looking in Livonia but know that the west suburbs are growing.