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All Forum Posts by: Bill Russell

Bill Russell has started 3 posts and replied 5 times.

Post: Starting out with a partner

Bill RussellPosted
  • New to Real Estate
  • Southern Michigan
  • Posts 5
  • Votes 3

Hi everyone, I've recently found a nice off market deal that could be my actual first investment property. It needs alot of work and my friend/realtor wants to partner up with me on this. I want to set up some sort of legal agreement between us before we purchase the property but I'm not sure where to start. 

Does anyone have a similardocument  they would be willing to share? any tips or things I should look out for in this document? 

Post: Off market deals around the Detroit area for new investors in

Bill RussellPosted
  • New to Real Estate
  • Southern Michigan
  • Posts 5
  • Votes 3

Thanks Drew, I was just reading the Hazel Park deep dive, very informative and well written. I can't wait to start searching around Hazel Park, its an area I never thought about investing in. Ypsilanti is another area I've heard good things about also.

Post: Off market deals around the Detroit area for new investors in

Bill RussellPosted
  • New to Real Estate
  • Southern Michigan
  • Posts 5
  • Votes 3

Anyone have any new innovative tips to finding good off market deals around the Detroit area ? I'm new to this, just started reading about the area trying to figure out what side of town is best to invest in. Really any tips on areas or ways you successful investors have found off market deals would be greatly appreciated. 

Post: High construction costs and buying distressed properties

Bill RussellPosted
  • New to Real Estate
  • Southern Michigan
  • Posts 5
  • Votes 3

I would like to hear a bit about your turn key investment, how did you decide on the property? How did you finance it? Did you use a property management company to get a renter in place? 

Post: Any Michigan Investors ?

Bill RussellPosted
  • New to Real Estate
  • Southern Michigan
  • Posts 5
  • Votes 3

Hey Guys and gals- I currently live in Michigan, just starting into this idea of real estate investing and was hoping to get a little insight from other Michigan investors, any tips for certain areas of the state, hot spots, bad spots anything really- Thanks