All Forum Posts by: Chris Ramos

TURN KEY PROPERTIES TAKEN TO ANOTHER LEVEL!

LOOK AT THE PHOTOS, READ THE REMODEL REMARKS AND REALIZE THESE WERE DONE RIGHT.

KEEP IN MIND IF YOUR NOT SURE IF YOU WANT TO GO IT ALONE WE COULD PARTNER WITH YOU ON THIS HOUSE OR ANY OF OUR OTHER HOUSES. TO SEE THE REST OF OUR INVENTORY GO TO www.partnersinvesting.com  

AREA INFO:

Inkster City is on the rise and we are excited to be a part of it!

Our company is one of just a few approved companies that is working directly with the city, mayor and building department in an effort to improve the city one block at a time. We're literally changing neighborhoods!

Inkster is a small affordable residential community surrounded by opportunity. Sitting just west of Detroit and only a few miles from the International Airport. With the bustling cities of Dearborne Heights, Taylor, Westland and Romulas surrounding it.

Comprised of mostly 2 and 3 bedroom homes Inkster is undergoing a transformation of youth. Young families are finding affordability with ease of access to downtown Detroit, Ford Manufacturing Facility and Detroit Wayne Metro Airport with a quiet suburban lifestyle. In 2016 the planning phase to connect the University of Michigan to Wayne County Airport and Downtown Detroit began. This project will include a light rail and main station in Inkster City drawing more families and development to the city. Construction is set to begin in summer 2018 bringing jobs and opportunity to Inkster. This is sure to cause property values to increase in the near future.

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES (2-3 YEARS OLD)
• FURNACE
• WATER HEATER
• VINYL WINDOWS AND BLINDS
• KITCHEN CABINETS, COUNTER TOP, AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, TOILET, MIRROR, AND TUB
• TILE BATHROOM FLOORING
• CARPET THROUGHOUT
• DOORS AND HARDWARE
• LIGHTING THROUGHOUT
• INTERIOR TWO-TONE PAINT
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND FIXTURES
• GUTTER SYSTEM

MAINTENANCE FREE VINYL SIDING

CASH FLOW ANALYSIS

800.00 Monthly Rent

$9,600.00 Gross Rents
-$960.00 ((10%)) Property Management Fee
-$710.00 Taxes
-$ 0.00 Utilities
-$480.00 Minus Vacancy (5%)
-$960.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$288.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,702.00 Net Rents divided by

$63,350.00 Purchase Price equals

9.00% ROI

@Joe Doman

Howdy

I've done exactly what you're talking about many times and in your area.

Title companies don't like doing this because they don't make as much money.

Like selling a 6 pack instead of individually.

Pam at Core Title in Livonia is great.  

Anything else let me know.

Good Luck!

Own in Inkster, it's been through the ringer and now it's on the rise!

With a New Proactive Mayor in Place, a strong police force back in control of the city, Homeowners are looking to Inkster as an affordable place to live and renters recognize it as an affordable area to rent in comparison to the surrounding areas. It's a small 4 or 5 square mile city that is surrounded by opportunity, Dearborne Heights, Westland, Taylor, Romulus (location of the international airport) and Garden City are all doing well. Inkster is close enough to the City of Detroit for a quick to commute for work. Inkster is looking at another year of double digit returns. For more information check out our site www.partnersinvesting.com or shoot me a message and we can talk.

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$1,726.00 Taxes
-$ 0.00 Utilities
-$510.00 Minus Vacancy (5%)
-$1,020.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$306.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,118.00 Net Rents divided by

$53,870.00 Purchase Price equals

9.50% ROI

Excellent Property! What's better a 1200 sq ft. home renting for $800 or a 630 sq ft. home renting for $800?

Think about the tenant turnover costs... 630 square feet means half the flooring and paint costs.

Inkster, MI. is just a few miles from the Detroit International Airport and just a few miles from Detroit (the comeback city). We are on track for another year of double digit appreciation! 

PLEASE READ THE REMARKS BELOW.

AREA INFO:

Inkster City is on the rise and we are excited to be a part of it!

Our company is one of just a few approved companies that is working directly with the city, mayor and building department in an effort to improve the city one block at a time. We're literally changing neighborhoods!

Inkster is a small affordable residential community surrounded by opportunity. Sitting just west of Detroit and only a few miles from the International Airport. With the bustling cities of Dearborne Heights, Taylor, Westland and Romulas surrounding it.

Comprised of mostly 2 and 3 bedroom homes Inkster is undergoing a transformation of youth. Young families are finding affordability with ease of access to downtown Detroit, Ford Manufacturing Facility and Detroit Wayne Metro Airport with a quiet suburban lifestyle. In 2016 the planning phase to connect the University of Michigan to Wayne County Airport and Downtown Detroit began. This project will include a light rail and main station in Inkster City drawing more families and development to the city. Construction is set to begin in summer 2018 bringing jobs and opportunity to Inkster. This is sure to cause property values to increase in the near future.

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• HOT WATER HEATER
• VINYL WINDOWS AND BLINDS
• KITCHEN CABINETS, COUNTER TOP, AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, TOILET, MIRROR, AND TUB
• TILE BATHROOM FLOORING AND SHOWER SURROUND
• INTERIOR AND EXTERIOR LIGHTING
• DOORS AND HARDWARE
• INTERIOR TWO-TONE PAINT
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND ELECTRICAL FIXTURES
• GUTTER SYSTEM

MAINTENANCE FREE VINYL SIDING

EXCELLENT MANAGEMENT IN PLACE

CASH FLOW ANALYSIS --- REALISTIC EXPENSES!

800.00 Monthly Rent

$9,600.00 Gross Rents
-$960.00 ((10%)) Property Management Fee
-$601.00 Taxes
-$ 0.00 Utilities
-$480.00 Minus Vacancy (5%)
-$960.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$288.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,811.00 Net Rents divided by

$61,170.00 Purchase Price equals

9.50% ROI

@Jason Bajaj

Howdy

I just sent you an email.

Looking forward to talking to you.

Thanks

Chris Ramos

@Duong Nguyen

Hi Duong.

I just sent you an email, look forward to talking to you.

Thanks 
Chris Ramos

RENTED, CASH FLOWING AND COMPLETELY REMODELED!

Take a look at my site for more information on partnerships and additional inventory. www.partnersinvesting.com

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• HOT WATER HEATER
• VINYL WINDOWS
• VINYL SIDING
• CARPET
• KITCHEN CABINETS, COUNTER TOP, AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, MIRROR, AND TOILET
• TILE BATHROOM FLOORING AND SHOWER SURROUND
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND ELECTRICAL FIXTURES
• WINDOW COVERINGS
• LIGHTING THROUGHOUT
• DOORS AND HARDWARE
• INTERIOR TWO-TONE PAINT

EXCELLENT MANAGEMENT IN PLACE

CASH FLOW ANALYSIS

800.00 Monthly Rent

$9,600.00 Gross Rents
-$960.00 ((10%)) Property Management Fee
-$770.00 Taxes
-$ 0.00 Utilities
-$480.00 Minus Vacancy (5%)
-$960.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$288.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,642.00 Net Rents divided by

$59,400.00 Purchase Price equals

9.50% ROI

@Christine Johanns

Hi Christine

Yes it did and still does. When I first started traveling to Detroit to buy houses 4 years ago I was shocked to see homes with such character so run down. Over the last couple years Detroit has been going through a major transformation and in just that short time I've actually seen areas turn around. I think the city had demolished a total of 11,000 dilapidated houses as of the end of 2017, this has been extremely helpful in cleaning up Detroit.

If you have interest in Detroit feel free to PM me. I supply houses to investors and actually partner on them as well.

Or if you need any referrals I'd be glad to help as well.
Take Care.

Chris.

GOOD LOOKING HOUSE INSIDE AND OUT!
Take a look at the REMODEL REMARKS.

This one was done right! City Certificate of Occupancy, fully Permitted!

REMODEL REMARKS:

SECTION 8 TENANT

COMPLETELY REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• WATER HEATER
• VINYL WINDOWS AND BLINDS
• CARPET THROUGHOUT
• KITCHEN CABINETS, COUNTER TOP AND SINK
• TILE KITCHEN FLOORING
• BATHROOM VANITY, MIRROR, TOILET, AND TUB
• TILE BATHROOM FLOORING AND SHOWER SURROUND
• PLUMBING AND PLUMBING FIXTURES
• ELECTRICAL PANEL AND ELECTRICAL FIXTURES
• DOORS AND HARDWARE
• INTERIOR TWO-TONE PAINT
• GUTTERS
• LIGHTING THROUGHOUT

MAINTENANCE FREE VINYL SIDING

CASH FLOW ANALYSIS

850.00 Monthly Rent

$10,200.00 Gross Rents
-$1,020.00 ((10%)) Property Management Fee
-$1,217.00 Taxes
-$ 0.00 Utilities
-$510.00 Minus Vacancy (5%)
-$1,020.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$306.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$5,627.00 Net Rents divided by

$62,500.00 Purchase Price equals

Metro Detroit is on track for another double digit appreciation in 2018!!

REMODEL REMARKS:

REMODELED WITH NEW:

• ROOF WITH 30 YEAR ARCHITECTURAL SHINGLES
• FURNACE
• WATER HEATER
• VINYL WINDOWS AND BLINDS
• INTERIOR TWO-TONE PAINT
• BATHROOM VANITY, TOILET, AND MIRROR

RE-FINISHED HARDWOOD FLOORING

UPDATED PLUMBING FIXTURES

UPDATED ELECTRICAL PANEL AND FIXTURES

FULL BASEMENT

BEAUTIFUL LANDSCAPING AND FLOWERS

CASH FLOW ANALYSIS

900.00 Monthly Rent

$10,800.00 Gross Rents
-$1,080.00 ((10%)) Property Management Fee
-$1,224.00 Taxes
-$ 0.00 Utilities
-$540.00 Minus Vacancy (5%)
-$1,080.00 Minus Repairs, Maintenance, City Fees, Etc. (10%)
-$324.00 Minus Leasing Fee (3%)
-$0.00 Lawn Care
-$500.00 Insurance

$6,052.00 Net Rents divided by

$63,700.00 Purchase Price equals

9.50% ROI