All Forum Posts by: Doug Dattawalker

There are always pros and cons. I'm relatively new but have a great relationship with our realtor/broker that has helped us with our two purchases. Pros -always willing to go the extra mile for you, searching, doing the due diligence on deals. This is expected as a buyers agent but if you ask for it on dozens of properties they are basically working for free for you. - this is assuming you find a good agent and build the relationship so they know your goals. There are bad agents out there who only want the deal done Cons - commitment issues, if you work exclusively with one agent there is an implied commitment that makes seeking advice/doing deals with others uncomfortable - speed, by sticking with one agent you rely on their speed and processing times. If you sometimes need to move quickly and your agent is busy it might cost you. My two cents

thanks everyone for your assistance. At the moment I am researching communities, taxes and regulations. I'm going to leave fixers to the locals and will probably stay out of Detroit proper. The surrounding suburbs/cities along the river will probably be my target market. I plan on being a regular here now that I've found it and will pm you to send some business or ask questions. Thanks again

I'm new to Bigger Pockets and love the wealth of information and knowledgeable people providing advice. I'm looking into investing in the Detroit area, but not so much in the bottom range fixer uppers, more in the turn-key rental markets. I live in and understand California real estate and have some questions about purchasing in Michigan. Property taxes seem high? And have a summer and winter tax? Are these in addition to basic property taxes? Is the purchase process similar to California? I plan on using a buyers agent if anyone has a recommendation. Are there any special closing costs or fees that are different? I saw one listing that said 'seller will furnish C of A'? What is C of A? Are there standard monthly expenses on a rental that a landlord would pay? I'm currently paying HOA in my rental, and am wondering about sewer/trash/gas/ etc. Thanks in advance! Doug