All Forum Posts by: Bala A.
Bala A. has started 2 posts and replied 118 times.
Post: Detroit Michigan - Ann Arbor Michigan / Surrounding

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Good and bad areas, judt need to know what and whete to buy.
Oh yes, Detroit is coming back
Post: Thinking of Investing in Michigan

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Just make sure you do lots of homework
Many out of State investor get burnt because they
Buy wrong product
Wrong location
Poor property management
Detroit is the come back kid but get the above wrong and you will be in a world of pain
Post: 17k profit on a joint venture flip Southfield Michigan

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Post: Best Landlord Insurance

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Originally posted by @Sergio Aguinaga:
Hello everyone, merry late Christmas (: I have a question. What is the best landlord insurance agency to get in east MI (metro Detroit area) to get a good price but also provides everything that’s necessary to protect me in case something happens, from liability to property protection. As an investor, is it better to get cash value or replacement cost? Thanks for the help everyone!
We use NREIG. Their prices are very good - approx $40 - 60 per SFR.
We have never claimed (and hopefully do not ever need to).
And hence cannot say about their Claims process.
Post: Land contract pro and con

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Originally posted by @Deodat Ramdat:
Michigan State - hire an attorney to do the Land contract.
Can be very tenant friendly if you ever have to go to the 36th Dist
Post: Roseland Neighborhood House

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Originally posted by @Deserie Aponte:
I have a wholesale deal in the Roseland neighborhood. Brick bungalow.
Is that in Rosedale park or Grandmont Rosedale.
Post: NPR Article on foreign investing in Detroit

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Agree don’t fear, just learn and work the beast
There is money to be made, but like everything if you dont understand this market and what to buy it may cost you dearly
Post: New Member in Grand Rapids/Muskegon

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Yes, I would have to agree the tide is changing in Detroit.
It will be interesting to see how much appreciation over the next 12-18 months. There are certainly pockets/neighbourhoods that are experiencing growth. Also rents are on the rise
All good news for Detroit market
Post: what do you think abaout invest in detroit?

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
Good time to buy in Detroit, however you need to be very selective on what and where you buy.
I only buy in good neighbourhood and have good property management in place which is key.
Plenty of buyers coming into the market at the moment as we are starting to see Detroit turn around. Some big players throwing money into this market
Post: Tenant Backfill Application Process (Michigan)

- Rental Property Investor
- Memphis
- Posts 128
- Votes 97
You can advertise, and if your current tenant allows the prospective tenant to walk through, then all the better. Your advert should have an available from date. You can place the tenant in minimal turnover cost.