All Forum Posts by: Isaura Orellana

Lolll we don't have a single unhappy client. Find me another turnkey provider in Detroit that can say that Paul S or whatever your name is. And we have dozens upon dozens of references from professional, bright, successful out-of-state as well as out-of-country clients/investors who will gladly chat with any serious investors interested in purchasing turnkey rental properties from us. And regarding the above $1250 rents Drew, utilities are NOT included. And we have documentation as well as elated clients that will attest to those rents as well. Our team members have been working with section 8 here in Detroit for over 15 years. They have strong deep rooted relationships at over a dozen different section 8 agencies accross Michigan. Not to mention many long term relationships with some of the owners and managers of those agencies. There are the large agencies like MSHDA, CMA, RPI, DHC, Livonia, etc and then there also smaller more boutique type section 8 agencies as well. Furthermore, I'm not about to disclose exactly how our turnkey is able to secure/maximize our section 8 rents to the hilts but as I said we have DOZENS of references of happy clients of ours who will attest to receiving the rents we delivered upon that others like Drew are unable to secure. Also, screening tenants properly is PM 101 so thanks for the deep insight on that to Drew. And deposits!? Wow, another zinger. I mean what novel concept. Furthermore, entitlement issues? Seriously? That's a pretty wide net your casting. Sounds like your stereotyping and truthfully we don't see much of that, so I think your grasping at straws to sound like you know what your talking about, when you unlike us, do not specialize in Section 8. And lastly, section 8 tenants are hard on the properties you say? Many of our section 8 tenants are far less hard on the properties then our Detroit cash paying or not paying tenants. Again, that's another weak and sweeping/stereotypical comment and assessment. Besides who cares if they beat up the rental property a little after receiving rent like clockwork every month for the 5-8 years they lived there. Change the carpet, paint the walls etc and do it again for another 5-8 years! These big beautiful bricks have been here since the early 1900's and aren't going to get toppled over by a single or distressed section 8 lady that has been previously stuck in a shelter or one who's fighting for her and her children's lives. I mean if I had to generalize which I don't like to do I would say that most Detroit section 8 tenants are in fact single ladies with young children who are unable or are struggling to provide for themselves and their family. Entitled really Drew? Incorrect and very unfair. Section 8 in Detroit is a slam dunk and a win win. Landlords win with great guaranteed rents and are able to help provide homes and shelter for the less fortunate in our city. Our favorite part of this job is literally giving the section 8 ladies the keys. 9 out of 10 times there are a lot of tears. I love the section 8 concept and we have MANY like minded clients who do as well who will back us up all day long! #GoDetroit #GoSection8

Don’t worry about confused and spiteful trolls like the fellow a few posts back. He may literally be the biggest Detroit troll artists on Bigger Pockets. Not really sure why he hasn’t been banned. Last month he was trying to scare everybody out of the Detroit market so he could buy more properties for himself at a better price lol. Anyways, back to the importance and relevancy of placing section 8 tenants in rental properties. It is without a doubt the best and most efficient way to tenant rental properties and maximize rents here in Detroit. Not to mention the most profitable and lucrative. For example, we were approved last week via section 8 for two of our 3bed 1bath MF units for over $1250 a unit. It would have been virtually impossible to receive those same rents from cash tenants for both those units. Not to mention cash tenants these days are ridiculously high risk! Millions of cash tenants in Detroit and every other state in the country are hiding behind the Moratorium curtain and haven’t been paying rent for the past 6 months. Us, as well as our clients ALL much prefer the security of receiving government guaranteed rent every month rather than unanswered phone calls from cash tenants who are refusing to pay for one reason or another. Rent literally gets wired into ours and our clients accounts every month like clockwork. What could be better? Please enlighten me?.. Our clients sure do sleep well at night knowing it’s money in the bank time. Cha-Ching as they say..Voilà Cashflow. Pandemic proof, recession proof, unemployment proof, wups I forgot it’s rent time proof! Not only that, here in Detroit, the average stay for section 8 is 6-8 years. Some stay 20 years, some stay a life time. This sure keeps turn over costs low and at bay. Another huge benefit is owner/landlord can raise section 8 rent up every year to market rent. What’s not to like about that Pete?. Unlike these trolls or bots we’ve tenanted over 50 units in just the past year alone and both we are absolutely THRILLED with the results. Furthermore, as an investor and a turnkey provider I love that section 8 has a vigorous inspection prior to the tenant moving in. It keeps us on our toes about providing quality rehabs for ourselves, our clients as well as the tenants who will live there. Easy to see why some nefarious types would shy away from delivering section 8 rental properties. One less hoop for them to jump through on the bamboozle wagon. Receiving government guaranteed rent every month is priceless and hugely eliminates risk for out-of-state and out-of-country investors. Anyone that tells you different is either completely inexperienced or has ulterior motives. Section 8 turnkey providers are clutch in these new and uncertain times to any investor looking for positive cash flow and high fruitful returns.

Detroit, Detroit, Detroit. #1 city in the country for positive cash flow, rent to value ratio and where you can stretch your investor dollar the furthest. In other words, you get the biggest bang for your buck in Detroit. 

Pound for pound Detroit has become a more lucrative rental market than the cities in Ohio provided you get in with the right Turnkey Provider. Less risk here than there’s been in the past 20 years. I’m seeing a lot of smoke and mirrors with the numbers in Ohio these past few years. Their okay but nothing special. More talk then walk if you do a deep dive into the numbers. Cleveland seems to be the only Ohio city with the juice to compete with Detroit. Now don’t get me wrong investment properties in Ohio’s top cities aren’t bad but they simply cannot compete with the cash flow or rent to value ratio in the big D. Now of course as I mentioned bridging up with the right city is equally and vitally as important as who you get into bed with in those cities. I would highly advise a trusted turnkey provider or operation with a healthy amount of references from out-of-state and out-of-country clients firstly and for mostly. Secondly, I would make certain the company has a large and significant boots on the ground team and thirdly you need to make absolutely certain the Turnkey has an outstanding in-house management company with longstanding deep rooted section 8 relationships.

The section 8 cash flow in Detroit up end’s Ohio’s best cities all day long. Not to mention section 8 is clutch in any city in this day and age. Risk factor plummets with vetted section 8 tenants. Again the only city that can even compete with Detroit is Cleveland. Rents are up 19.4% in Detroit over last year rents. The only Ohio city that remotely comes close to that is Cleveland. The other amazing thing about Detroit is it’s highly underrated. The real true growth, numbers, values, size of construction boom are not even being reported. Ask anyone in Detroit and they will confer there is literally at a bare minimum, one rehab in progress on every street of every block in Detroit. Giant Cranes are literally littering the highways in and around Detroit. East, West, North and South. The growth is very real. Obviously this is an Ohio thread and the Detroit haters will quickly surface and begin talking nonsense but there is no denying the highest cash flow and best rent to value ratios are here in Detroit when you link up with the right team. Heck you don’t even need to take my word for it come down to Motor City where big tech and the big 3 have invested billions upon billions in the past few years and check us out for yourself.

Invest in Detroit section 8 rental properties with a trusted turnkey provider with dozens of references from happy out-of-state as well as out-of-country clients and you will quickly begin to learn and value the true meaning of positive cash flow! :)

NREIG is hands down the best as well as the least expensive. Ask for Andrea Heydinger. We have over a few dozen of our 1-4 unit residential properties there and have referred over 5 dozen or so of our clients there who’s properties we rehabbed/built, tenanted, manage and sold. Both we as well as our clients are thrilled and couldn’t be happier.

Thanks NREIG!

Land bank properties lol .. Not what they use to be, thats for sure. No more hidden gems at basement prices with light or medium rehab. Now more of a pipe dream and enormous full gut rehab then anything else.

Purchase enough property to create a substantial portfolio of residential( singles, doubles, triples, Quads) off-market cash flowing section 8 rental properties in Detroit from a trusted turnkey operation who has a trusted in-house PM and super strong boots on the ground team that can help you minimize risk factor and can deliver you the 2% rule and 20% COC returns all day everyday for 2 years. And Voila.

If you are looking for the best rent to value ratio’s and cash on cash returns in the country and world invest in off-market section 8 rental properties in Detroit. Just be sure to connect with a turnkey operation with a ton of muscle and excellent in-house property management. Also, make sure the company has numerous references.

Just noticed I had a serious typo. Really not sure how PITI made it's way into my post. There is no PITI in this equation. All purchases were cash purchases. But we would probably have to add one more purchase of an SFR section 8 at $1000 rent and purchase price of $45K to help cover the monthly 8% PM ($900) Tax ($1000) and Minor Cap Ex ($500). So all that being said I remain steadfast that Detroit rental properties are still the fastest route to $10,000 in monthly passive income or cashflow.