Looking for investor-friendly realtor in Detroit

[Catherine Leung]

Hello! 
I’m living in Washington state but would like to invest in rental properties in Detroit. Would like recommendations for investor-friendly realtors. Thank you! 

[Drew Sygit]

@Catherine Leung

You should be building a team to maximize your probability of success!

While building your team, it's important you understand the motivations of everyone on your team.

Sourcing: whether agent, wholesaler, flipper, etc. many only have a vested interest in a transaction. You want to find ones that are vested in developing a long-term business relationship with you. Otherwise, they will screw you for their own compensation.

Property Management Company (PMC): No one else on your team should be as vested in a long-term relationship with you as a PMC. They will have to manage whatever you buy on a daily basis until you sell the property or terminate them. You need to find a good one though, that is honest & competent. An honest PMC's incompetency will still cost you.

Inspector: You want an unbiased and competent professional that will properly do their job and document it.

Contractor: Finding contractors that don't cut corners and overcharge is EXTREMELY difficult. Even if they are referred, you really don't know until AFTER they've done a job. The other 3 above should be able to provide referrals, but don't blindly trust anyone!