All Forum Posts by: Daniel Elijah Richardson

 What state?

16840 Stoeple St Detroit 48221 2 Bedroom 2 Bath Rented $1200 Asking 60k

16827 Stopele St Detroit 48221 2 Bedroom 2 Bath Rented $1200 Asking 60k

16850 Stoeple St Detroit 48221 2 Bedroom 2 Bath Rented $1200 Asking 60k

Each Property Needs about 3k Repairs each.

Each Duplex has separate meters

Bring all offers

Contact Me Via Email Or Text For Photos , Leases Rent Rolls and other info

(734)833-3978

[email protected]

Are there any apartment building buyers on here? 

If so what areas? cap rate? ABC or D class?

Please message me or send me a text (734)833-3978 

I have inventory!

Land Contract Term

7k down

5-10 year Terms

8.25% Interest

Monthly Payment $343

Call/Text (734)833-3978 

Email [email protected]

Portlance St Detroit, MI 48205 and Seven Mile E Detroit, MI 48234 Email Me For Full Addresses 

Asking Just 260k For Both (Very High Cap Rate) About 21.4%

Gross Income= $75600 Net Income= $55769.6

Portlance St Detroit (Selling For 165k Alone)

Unit 2 Tenant Paying: $450

Unit 3 Tenant Paying: $400

Unit 4 Tenant Paying: $450

Unit 5 Tenant Paying: $450

Unit 6 Tenant Paying: $400

Unit 7 Tenant Paying: $400

Total: $3050

Gross Annual Income= $36600

Owner Pays $70-90 in Gas. $200-230 in Water $55 in Taxes

Lot Size - Square Feet 7362 sq ft

Lot Size - Frontage Feet 67.0 sq ft

Lot Size - Depth Feet 110.0 sq ft

Lot Size - Acres 0.169 ac

Seven Mile E Detroit, MI 48234 (Selling For 170k Alone)

Unit 1 Tenant Paying: $550

Unit 2 Tenant Paying: $450

Unit 3 Tenant Paying: $450

Unit 4 Tenant Paying: $450

Unit 5 Tenant Paying: $450

Unit 6 Tenant Paying: $450

Unit 7 Tenant Paying: $450

Total: $3250

Gross Annual Income=$39000

Lot Size - Square Feet 7362 sq ft

Lot Size - Frontage Feet 67.0 sq ft

Lot Size - Depth Feet 110.0 sq ft

Lot Size - Acres 0.169 ac

Owner Pays $70-90 in Gas. $200-230 in Water

Email Me For Leases

[email protected]

(Buyer Must Put Down A 5k NON REFUNDABLE EMD)

CLICK LINK FOR PHOTOS

CALL: (734)833-3978 TO SCHEDULE A PRIVATE SHOWING. MUST PROVIDE PROOF OF FUNDS 

Does anyone know of any hedge fund companies actively buying in the city of Detroit? I have a list of 42 properties. The owner wants to sell them all for around 900k 

I have a list of properties prices ranging from 7k-29k 

all sold via warranty deed 

all 3 bedroom 

No taxes 

No Liens

No back water owed

Call or text (734)833-3978

OR Email [email protected]

Asking only 12k 

Vacant needs work and in a good area
All offers will be reviewed and answered within 24 hours.
No taxes or water owed

Email: [email protected] for more photos

4517 Irene St Inkster Michigan 48141

Asking:24k willing to negotiate 

2 beds 1 bath 696 sqft

Tenant Paying $650 a Month For 3 Years

Little No Repairs Needed

Tenants Happy and Friendly

I Am Willing To Put 3k Down With 21k Funded By You Via First Position Mortgage.

I Will Manage and Take Care Of The Property With Interest Rates Of Your Choice.

CLICK FOR PHOTOS

CLICK FOR REPORT

Selling For: 24k

Great Area

Warranty Deed
Nothing Owed

2 beds 1 bath 696 sqft

Tenant Paying $650 a Month For 3 Years

Little To No Repairs Needed

Tenants Happy and Friendly

I am willing to out 3k down with 21k funded by you via first position mortgage.

(If we go this route)

I Will Manage and Take Care Of The Property With Interest Rates Of Your Choice.

PHOTOS
https://www.dropbox.com/…/gddtd8…/AACU7LmwVg4u6HadI9bZHgdfa…

REPORT
http://staticaws.narrpr.com/…/Property-Report_4517-Irene-St…