All Forum Posts by: Emmett Foster
Emmett Foster has started 5 posts and replied 16 times.
Post: Revise ban rules/SUSPENDED? WHY NOT
- Detroit , MI
- Posts 22
- Votes 1
In order to send a message, you must first be colleagues with someone. Which means you send a colleague request, and they accept. Then you can message. You can also send a message with the colleague request, but only once. I didn't know there is a limit to colleagues request with messages. Please help.. I need access to my emails. I think there is a easy solution rather and banned members totally. Maybe a temporary ban for 7 days then 30 days and lastly a life time banned.. This is crazy. I never heard of a forum that automatically does this. What are your thoughts. I didn't get a warning. It would seem like BP would consider a gradually disabling your inbox thus a member will clearly get them message of why they were suspended thus this can avoid them from being banned
Post: Realistic ROI from self storage facilities
- Detroit , MI
- Posts 22
- Votes 1
Originally posted by @Jon Holdman:
I'm confused. In one post you want to become a wholesaler. In another you want to buy notes with your $70K. Now you want a storage facility? Are you just considering a bunch of alternatives?
The mini-storage I've invested in has been a terrible investment. And that's with a guy who's ran several of them before. $70K isn't enough to be more than a passive investor in a large group. All told, there was about $900K in cash and a $1.8 million loan into our deal. That's 281 units plus open storage. ROI last year was nearly zero and its maybe averaged 3% over the last few years.
Wow...Thanks for the insight.. I was under the impression mobile parks didn't do that well I guess its the storage one that are terrible.
Post: Loans for a autowash/Car lot Detroit
- Detroit , MI
- Posts 22
- Votes 1
Who would you use for a commercial building loan on a auto wash or used car lot? In Detroit
Post: Private lending dvd advice
- Detroit , MI
- Posts 22
- Votes 1
I would be interested.
Post: Buying in urban city areas (detroit) (saginaw)
- Detroit , MI
- Posts 22
- Votes 1
It all depends...I have acess and its a case by case basis. Block by block...
Post: carwashes or food franchises in Detroit
- Detroit , MI
- Posts 22
- Votes 1
I don't see much talk about commercial business investing such as carwashes or food franchises.
I currently own a auto wash and looking for a tenant and it can be used a used car lot too.
Post: Wholesaling Bank owned properites
- Detroit , MI
- Posts 22
- Votes 1
@Leo Robinson Are you looking to buy?
No.
Post: looking for sources of investment property
- Detroit , MI
- Posts 22
- Votes 1
Originally posted by @Bill Atkinson:
Macomb county is my primary focus. Last two deals were Chesterfield and Harrison Townships.. Also starting to see opportunities in Detroit.
Detroit is heating up.
Post: Newbie from Detroit, Michigan
- Detroit , MI
- Posts 22
- Votes 1
Originally posted by @Jeanine Eady:
My name is Jeanine and my husband & I are interested in real estate investing.
Welcome to Detroit investing....