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All Forum Posts by: Katherine S.

Katherine S. has started 21 posts and replied 158 times.

Post: Do you follow us on Social Media?

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

I thought this site WAS social media!

Post: 11 acre water-front land. Do I have a deal or walk away????

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

There is a marina near me that has developed "dockominiums".   This marina has a lot going on...a bit like a condo yacht club.  Just some ideas to throw out there...

http://bellemaerharbormarina.com/

http://bellemaerharbormarina.com/wp-content/upload...

http://bellemaerharbormarina.com/wp-content/upload...

http://bellemaerharbormarina.com/marina-map/

Post: Should she sell for 300% appreciation or hold for $200 cashflow?

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

@Derek Okahashi

Before they do anything else, I would encourage your coworker to start working with the BP analysis tools to get some idea of what is really going on.  They need knowledge, not action.  The last thing they need to do is to blindly jump into an even bigger deal.

Post: Why YOU Should Become A Hard Money Lender

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

@John Thedford 

John, how much money would you need to have available to get started in HML?

Post: Tenant first time Late Rent Payment

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

Heather, if your landlord is a complete idiot and tries to evict such a responsible tenant as you for a first time late payment (which I doubt he can do), you can come live in one of my houses!

Post: What are the Best Suburbs for Buy&Hold in the Detroit Metro area?

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

@Michael Short

With all due respect,  a lot has changed in Detroit in the last 25 years,  both negative and positive. 

Post: The Master Plan for the future

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

@matthew Zimmerman 

Have you got the wife and kids on board with the moving and downsizing?  

Post: First deal- Dealing with unsupportive family?

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

Ask your mom to watch the flip shows on HGTV.   Maybe it would help her understand once she sees lots of "before" and "afters".   Send her lots of photos of your progress. 

Post: Who gets late fees collected by property manager?

Katherine S.Posted
  • Investor
  • Grosse Pointe Shores, MI
  • Posts 160
  • Votes 74

I know this may be simplifying things,  but isn't dealing with tenant problems and problem tenants what we hire a property manager for?  

You've opened up a whole new world to me, and quite literally changed my life.  Thank you.