All Forum Posts by: Matt Sanford

Anyone have a company to suggest that will board up windows/doors?  I just had my water heater and furnace stolen out of my vacant unit in the 48224...!!!

@Priscilla Okyere  How did the strategy go?  Was it worth the cost?  And what was the cost if you don't mind sharing with the group?

What about buy and hold opportunities?  

I used Anthony Perry on a few houses.  He sent me videos too!

I'll use him on my future properties.

https://www.inspectors.property/

@amy hu Who is your PM?

@Kyle Holsey and @George P.

Are there any neighbor hoods you would avoid?  I am gonna buy a turnkey in Detroit, but I don't know the area that well yet.   I'll have a property manager too.  Any areas I should avoid....??  My budget it $40-60K per door.

Also, my property management charges 1 month rent to place a tenant. So add that to your "start up" costs too.

I just got a bill for $2450 for a new 70K BTU furnace from my property management company.  They do it "in house".  It was a surprise repair.  I am not sure how to plan for that, but those things can come up.

The properties I have obtained, had POS too, but not much.  Its good to get a home back to a baseline of a minimum quality.   There are too many problem homes in this world, and I am glad to see that they are being corrected.

Now when I sell someday, that might be a different story, but as a buyer and a builder I personally like the POS.

@Alex Chau  

Here are the steps I would follow:

• Hire architect, have them draw basic plans
• send architect to the PLANNING department to further refinement of design
• get plans approved
• hire a contractor to build home and get inspections
• Decide how to best capitalize on your Additional Dwelling Unit (ADU).