All Forum Posts by: Michael Kennedy
Michael Kennedy has started 6 posts and replied 14 times.
Post: using pipedrive to send out mass email

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
how do I use pipe drive to send out mass emails, does anyone have experience with this ?
Post: Needy Tenant With Incessant Requests

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
@Jessica M.basically you have to teach your Tenates what to expect. If you give them an inch they will take a mile, the big “But” is are your property’s compatible with the markets property’s. If you are under the markets standards then, yes you will get back logged with request.
Post: What Are Your Financial Interests Outside Real Estate?

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
providing natural organic produce
Post: New to BP, $150K to invest, which market to hit??

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
honestly no right or wrong answer to this. instead you should ask yourself.
1 what are my goals with real estate
2 what market best fits my goals
3 what market excites me the most
good luck :)
Post: Wholesaling Property & Questions

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
i would suggest getting around other big hitting wholesalers and aid them until you know enough to do your own. you will waist a lot of time trying to reinvent a machine that has already been built a 1000 times.
Post: Challenging all deniers..Detroit Economy & Market are ON FIRE!!!

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
oh cool ill have to check it out ! would you mind messaging me the details to yours !
Thank you,
Post: portable storage containers

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
These would be used for storage !
Post: Challenging all deniers..Detroit Economy & Market are ON FIRE!!!

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
Indeed i 100% agree with Detroit being a hot market, i would love to get more acclimated with the market down there. It seems similar to my flint market.
1. what do you think about the flint market compared to Detroit?
2. Do you have or attend any meetups in the Detroit area?
Post: Wholesaling to selling a turnkey property

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
Investment Info:
Single-family residence wholesale investment in Flint.
Purchase price: $10,000
Cash invested: $2,000
Sale price: $21,000
This 3 bed 1 bath property came to me while i was outside looking at a currently property i had a man walk up asking me what i was doing, i told him and come to find out he had a property to sell. it needed very little work and had some equity left on the deal so i took it. putting a new kitchen floor in and repainting the inside and outside foundation. we placed a resident in the home for $600mth then sold it to a private investor for $21,000 while still managing the property.
What made you interested in investing in this type of deal?
not too much work and having a friend who wanted a investment property that was willing to pay cash
How did you find this deal and how did you negotiate it?
found it just being in the market looking for deals
How did you finance this deal?
financed this property in house
How did you add value to the deal?
we did some minor renovations to the property and placed a resident in it
What was the outcome?
made a little equity
Lessons learned? Challenges?
wishing i had more friends looking for cash investment opportunity
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
no

Post: Wholesaling to selling a turnkey property

- Rental Property Investor
- Fint Michigan
- Posts 16
- Votes 2
Investment Info:
Single-family residence wholesale investment in Mount Morris.
Purchase price: $17,200
Cash invested: $1,500
Sale price: $29,000
we found this house from a landlord that wanted out of the business. the home needed a simple paint job. after a new paint job we placed a quality resident in the home for $650.00 mth producing a 13-19% roi. After getting every thing situated we placed this property on our private investors list as a turnkey and sold it for 29,000 while still managing the property for the investor.
What made you interested in investing in this type of deal?
lots of equity
How did you find this deal and how did you negotiate it?
found this deal by driving around
How did you finance this deal?
finaced this deal through kennedyhousing our company
How did you add value to the deal?
we repainted the home and found a resident for the property
What was the outcome?
made a quick turn around for 10k equity
Lessons learned? Challenges?
i need more cash buyers and more efficient contractors
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
this was a in house deal
