I’m looking for some advice on my first investment property. I’m currently stationed overseas but will be moving back to Michigan in the next few months. I’m planning to invest in the Downriver area, mainly looking at single-family or multifamily properties with some renovation/value-add potentia...
The Detroit investor market can be extremely difficult to navigate and manage if you don't have the proper "boots on the ground". I have found a few credible and reliable entities if anyone needs assistance.
Curious to hear everyone’s thoughts on this: If you were developing a property in a neighborhood where most existing homes don’t have dedicated parking, and there is currently unrestricted street parking, would you still provide on-site parking as part of the development? I’m particularly interes...
If you bought a flip a few months ago, started the rehab, and are now getting close to completion —what’s your move? Seems like the market has slowed down and things are staying on longer. If the house isn't selling, what would be the best plan of action? Would you: • Keep lowering the price and ...
Hi experts, I'm a beginner investor looking to purchase properties under an LLC. Is it even possible for me to get a DSCR loan? Or is my only option a conventional loan? Anyone can recommend a lender for DSCR or even conventional loan who will be willing for the property's title to be under an LL...
Hi everyone, I’m just getting started in real estate investing and wanted to introduce myself. I’m currently planning to sell my home next year and use the proceeds toward purchasing my first house hack in Michigan’s Tri-City area—Midland, Bay City, and Saginaw. My initial focus is on long-term r...
Write your I’m a Detroit area investor and I’m curious about the challenges that out of state investors face when managing properties in Detroit remotely. If you own rentals or investment properties here but live elsewhere: What’s your biggest headache? Finding trustworthy contractors? Monitoring...
Hello! I'm a new investor getting started with BRRRR in the Detroit area. I thought I had found a couple lenders who would do fix and flip loans with new investors. However these lenders still require an appraisal, contractor estimates, etc. before closing. That means I can't use these loans to m...
🦈 Shark Tank - Real Deals. Real Investors! You’ve seen the TV show, now see the real estate version live! Join Michigan Real Estate Investors for a different kind of monthly meeting as MREI members present real investment opportunities to a panel of seasoned “Shark” investors. The Sharks will dig...
🦈 Shark Tank - Real Deals. Real Investors! You’ve seen the TV show, now see the real estate version live! Join Michigan Real Estate Investors for a different kind of monthly meeting as MREI members present real investment opportunities to a panel of seasoned “Shark” investors. The Sharks will dig...
🏠 Getting Started in Real Estate Investing Interested in real estate investing but not sure where to start? Join Michigan Real Estate Investors (MREI) on October 22 for Getting Started in Real Estate Investing, taught by Caitlin Leszczynski. This class is designed for newer investors who want to ...
🏠 Getting Started in Real Estate Investing Interested in real estate investing but not sure where to start? Join Michigan Real Estate Investors (MREI) on October 22 for Getting Started in Real Estate Investing, taught by Caitlin Leszczynski. This class is designed for newer investors who want to ...
🏠 Getting Started in Real Estate Investing Interested in real estate investing but not sure where to start? Join Michigan Real Estate Investors (MREI) on October 22 for Getting Started in Real Estate Investing, taught by Caitlin Leszczynski. This class is designed for newer investors who want to ...
Market Trends and Stats! Featuring Lori Chmura 📅 Thursday, November 19, 2026 ⏰ 6:00 PM – 9:00 PM 📍 MSU Management Education Center 811 W Square Lake Rd, Troy, MI The real estate market is constantly changing, and staying informed can make the difference between making smart investment decisions a...
For smaller STR operators, how do you handle after hours guest issues/contacts? It doesn’t happen often, but occasionally I get guests reaching out after I go to sleep. I’ve change my phone settings to allow calls/texts from Airbnb & Hospitable to come through. I got a contact recently from a gue...
Hi all, Just for some context, about two months ago I acquired my first rental property (an FHA-financed duplex). I'm house-hacking with a roommate paying $750 a month and a short-term rental in the other unit. I used AirDNA for my short-term rental projections and then cut that monthly income fr...
Hello, I’m a 23 year old living in the Metro Detroit area looking to get into investing. House hacking is what seems like the best plan of entry. I would want to do a small multi family, live in one and rent out the other(s) I graduated college in May 2025 and moved back in with my mom. She does ...
Hi everybody I'm based in Metro Detroit and working toward my first flip. For the initial deal analysis, I'm trying to get a rough number for renovation costs. So my question is what renovation cost per square foot are you currently using for your initial underwriting in Metro Detroit? If possibl...
MREI Shark Tank: Real Deals. Real Investors! 🦈 You've seen Shark Tank on TV. Now come experience it LIVE with real estate investors right here in Metro Detroit! Join Michigan Real Estate Investors (MREI) as local investors pitch their active investment opportunities to a panel of seasoned real es...
MREI Shark Tank: Real Deals. Real Investors! 🦈 You've seen Shark Tank on TV. Now come experience it LIVE with real estate investors right here in Metro Detroit! Join Michigan Real Estate Investors (MREI) as local investors pitch their active investment opportunities to a panel of seasoned real es...
Market Trends and Stats! Featuring Lori Chmura 📅 Thursday, November 19, 2026 ⏰ 6:00 PM – 9:00 PM 📍 MSU Management Education Center 811 W Square Lake Rd, Troy, MI The real estate market is constantly changing, and staying informed can make the difference between making smart investment decisions a...
Market Trends and Stats! Featuring Lori Chmura 📅 Thursday, November 19, 2026 ⏰ 6:00 PM – 9:00 PM 📍 MSU Management Education Center 811 W Square Lake Rd, Troy, MI The real estate market is constantly changing, and staying informed can make the difference between making smart investment decisions a...
Market Trends and Stats! Featuring Lori Chmura 📅 Thursday, November 19, 2026 ⏰ 6:00 PM – 9:00 PM 📍 MSU Management Education Center 811 W Square Lake Rd, Troy, MI The real estate market is constantly changing, and staying informed can make the difference between making smart investment decisions a...
One thing I see newer investors focus on too heavily is the purchase price and the rehab number. Those matter, but they’re not the whole deal. Before I’m comfortable with a flip, I want to look at: 1. Purchase price 2. Realistic after-repair value 3. Rehab scope and contingency 4. Financing costs...
A lot of investors looking at Metro Detroit—especially those coming from outside Michigan—start with price. Price matters, but it’s only one piece of the deal. Here are five things I recommend looking at before making an offer: 1. The block, not just the ZIP code. In Detroit and some surrounding ...