All Forum Posts by: Josie Brown

Hi David! I'd be happy to connect you with a team there to help you get started.

Hey Isaac! You may want to consider using a property management company even if it is just to place the tenant. They should have a solid screening process and they may even be able to share data to show their success with placing tenants.

As for the options you are considering in regards to a lease, both have their pros and cons as you have mentioned. Keep in mind though that a month-to-month lease would also allow for a tenant to move out at basically any point (after two months, three months, etc.). This means you'll have to turn the property again, market it again, and screen tenants again, which all typically come with some sort of cost. The frequency of this process could definitely occur more often with a month-to-month lease versus a one-year lease.

Hi Anirudh! It might be helpful to get in touch with a property management company. They should be able to provide you with some guidance!

Hi Dean! It sounds like you have a great plan to get started. I'd be happy to chat with you and offer you any recommendations!

Hi Deiontae! That is very exciting and it sounds like this property has a lot of potential. Feel free to reach out if you'd like some advice on next steps once you close on a property!

Hi Jayde! Detroit can be a great place to invest in rental properties. I'd be happy to chat with you further about this!

Hi Ainsley! I'd be happy to provide you with some advice, but I have a couple questions first:

1. Where are these properties located?

2. Are you working with a property manager currently?

Hey Luca! I'd be happy to chat with you about what to look for in a property management company here in Detroit. Here are some things to consider asking:

1. Do you offer any guarantees (maintenance, leasing, etc.) to owners?

2. On average, how long are the properties that you manage typically on the market?

3. What type of fees can an investor expect on a given property?

Hi Gulraiz! I'd love to connect and chat with you about investing in Detroit.

Hi Nikki! I'd be happy to point you in the right direction for a contractor in the area.