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All Forum Posts by: Jamiel Strickland

Jamiel Strickland has started 7 posts and replied 365 times.

Post: New Investor Looking to Break Detroit Real Estate Market

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

Hey @DJ Cespedes

Home sweet home lol!! If you need any help with a realtor I have some that may be able to help. What part of Detroit are you from?

Post: Hello from Nyc! I’m a detroit investor and looking for new buds

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

@Vera B. ,

Nice to see you join BP! Let's connect and talk soon. 

Post: Detroit Land Bank Authority

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

Hey @Jon W. ,

I am working with an out of state investor on this and my partner worked for the Landbank before becoming an agent/real estate investor. The biggest things my partner let the investor know is to show the effort by sending them pictures of the progress, they want to see pictures. They also are big into the electrical and plumbing aspect so good to work on those first. Then follow it with getting the right inspections, a licensed contractor, and weekly updates. They are willing to work with you if you are doing the right thing. 

Post: Detroit real estate

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

@Larry Shirley ,

Looking to pick up a property in Detroit to flip. 

Post: Starting out in Denver, CO - also new to the platform

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

@AJ Whitaker

Hey, I am not the most familiar with that area but could be an area to look into for your investing.

Post: Detroit real estate

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

Happy to have you here! 

Post: Starting up as a new investor... multiple small SFH vs 1 large?

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

@Matt Kelty ,

There are pros and cons to it, but I like to have a larger portfolio with buying more for 120k than just having 1. It can be more day to day work, more headaches but I think you spread it risk out better.

Post: Starting out in Denver, CO - also new to the platform

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

Yea some reserves and cash flow properties with a good team its a good investment for buy and hold. Harrison Township? I am not the most familiar with that area. 

Post: Starting up as a new investor... multiple small SFH vs 1 large?

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

Hey @Matt Kelty,

Hey, see you're a Michigander! If you want to invest in Detroit, we like to buy single family homes in Detroit opposed to Multifamily when talking about the city of Detroit. I personally think Multifamily is a better option over single family but when specifically referring to Detroit we do not try to get into larger units here. It is easier to control an SFH in regards to area, quality of tenant, and maintenance. If you are looking Metro Detroit I like Multifamily more.

Post: Starting out in Denver, CO - also new to the platform

Jamiel StricklandPosted
  • Rental Property Investor
  • Detroit, MI
  • Posts 379
  • Votes 242

@AJ Whitaker

Yes, Detroit as well as Metro Detroit, ups and downs come and go but with it cash flowing helps.