All Forum Posts by: Jeff Lipple

Hi @Chad Harter I'm a full time wholesaler in Metro Detroit and also have some rentals I've financed.  I also used Amerifirst like @Aaron Treloar.  Reach out to Jeremy Drobek, let me know if you need help with anything else or want me to pass along Jeremy's contact info.

Thanks for the mention @Robert Syfert.  @Tresa Calhoun Feel free to reach out any time.  As Jeff mentioned above Renegade Detroit Investors is probably the best place to start.  He put together a whole series on how to wholesale.  If there's anything else I can do to help, let me know!

http://cashformihome.com/investors.html to be added to buyers list

Like www.facebook.com/JestliPropertiesLLC for more deals
Price: $85,000 estimated rents: $1,225
2600 Shimmons Rd. Auburn Hills, MI 48326
3 bed 1 bath 2,215 sq.ft. with BIG lot!
slab foundation with 2 car detached garage
Needs flooring and painting throughout
bathrooms and kitchen need updating
kitchen ceiling needs to be repaired and older roof
Partnered with Return on Investments LLC
They are selling their assignable purchase contract on this property.
Contact Mike Simmons: 586-648-0742 or [email protected]
See full video walk through here:

https://youtu.be/XARwA8B4zkY

Like www.facebook.com/JestliPropertiesLLC for more deals!

Price: $39,000 estimated market rents: $850

28547 Hazelwood St., Inkster, MI 48141: 3 bed 1 bath 1,400 sq. ft.
Slab foundation and 2 car detached garage.
Rare find in Inkster, interior almost fully updated!
New kitchen, original windows replaced, new carpet, fresh paint throughout, new concrete apron in back yard by garage.
Roof is mid life, no need to replace, landscape is a bit overgrown
Partnered with Return On Investments LLC
They are selling their assignable purchase contract on this property.
Contact Mike Simmons: 586-648-0742 or [email protected]
See full video walk through here:

https://youtu.be/HYcH1W2Mb50

Like www.facebook.com/JestliPropertiesLLC for more deals!

REDUCED only $13,500!
Price: $19,500 estimated market rents: $2,200
147 Comet St., Mt. Clemens, MI 48043: 5 bed 3 bath 1,852 sq. ft.
All that square footage for such a low price!
Basement and 2 car detached garage.
Exterior is wood shingles and vinyl siding, The wood shingles will need painting or staining
The roof is new, accept for a small area over the side porch.
Needs 20 new windows, 6 exterior doors and 3 garage doors (single car doors)
Exterior stand alone building needs paint and 2 of the above mentioned garage doors
Front concrete steps need to be replaced.
Driveway needs to be replaced.
Interior has been completely gutted down to the studs.
1 pick up load of debris needs to be removed from living rm area.
Partnered with Return on Investments LLC
They are selling their assignable purchase contract on this property.
Contact Mike Simmons: 586-648-0742 or [email protected]
See full video walk through here:

https://youtu.be/UY03KCvM1Us

I'm not interested in SC properties, but have a friend who is looking for investment properties in North Charleston and Summerville SC South Carolina.  Who are the top wholesalers in that area?  Thanks!

Thanks for the mention @Robert Syfert.

Welcome @Account Closed Detroit / Southeast Michigan is filled with good and bad areas (just like about any other place).  You can find projects where you're all in, in a decent neighborhood for less thank 100k (in cities like Warren and Redford for example) and you can deal with higher end properties or complete tear downs (because the land is so valuable you'd rather build a bigger house to replace the original) in areas like (Royal Oak or Birmingham). 

I think the big draw to out of state investors (or those in Michigan for that matter) is low purchase price, like Jeff Hill was able to get in with his first property in Detroit.  The great thing is, although there are the dirt cheap properties you hear about in the rough areas, there are also million dollar properties and everything in between.

I just sold one of my rentals, that is a duplex to an investor and now friend in Colorado for $59,000 that rents for $1,245 a month.  Many states it would be hard to find a property with a price that low or rents that are 2% or more of the purchase price.  Feel free to reach out whenever if there's any other questions you may have or anything else I can do to help!

Hi @Sean Durham, 

I'm a full time investor in Michigan, feel free to reach out if there is anything I can do to help!

Hi @Will McCants, welcome to the forums!  Like Kerri said, connecting with local investment clubs is a huge help.  There's a great one that is free tomorrow in Troy:

https://www.biggerpockets.com/forums/521/topics/34...

Also, there is a Renegade Detroit Investors meet up in Detroit each month that is free and a great place to find deals and meet helpful people.

Feel free to message me if there's anything I can do to help.

Hi @Sergio Ali I'm a full time wholesaler in Metro Detroit.  I typically stay out of the city of Detroit.  There are some good pockets within the city, but there are a lot of great opportunities in the surrounding communities like Warren, Redford, Roseville, Ferndale and Madison Heights.  Then there are higher end areas like Troy, Birmingham, West Bloomfield and Northville.  Feel free to message me at any time if there's anything I can do to help.