All Forum Posts by: Nathan Hall

Give Legacy Title Agency a call. Ask for Aaron. 

Brad,

Opportunities definitely abound there. Things are hot in certain areas near downtown, suburbs like Livonia and surrounding areas, and on detroit's Westside. You'd certainly need boots on the ground and a way to find the off-market deals. That is where people are seeing the best deals: vacants and off-market. Our group is about to start marketing in the Metro area! 

Do you have "boots on the ground" in K-Zoo? It might be best to market the land  locally to investors/residents who may see a best use for it. Someone may find that using the land for a community garden or children's park is of great benefit to the neighborhood. IT might be possible that one of the homeowners adjacent to the land might be interested in extending their property lines. You never know.

The Detroit REIA groups are amazing! I am in the Lansing market and I WISH our local REIA operated on the level that Detroit's clubs do.

When assigning, our contract always discloses the purchase price and the release & termination fee. We also provide a copy of the original P&S agreement, since that is technically what an investor is buying from us. The seller is always aware that the right to purchase the property may be assigned to another buyer/investor. Full disclosure is the name of the game. When sellers are truly motivated, they are rarely concerned with how much we wake on the deal. The buyers we work with also understand that if the numbers work for them, our fee in inconsequential.

Lots of deals get done in MI with the QCD. It is a fast way to transfer a title and be done. I would do some due diligence in making sure there are no major encumbrances on the title that could cause you a problem. Get with a good title company that can run a soft title search for you. Legacy Title Agency and Michigan Investment Title company are good ones to work with, if you don't already have one you use.

 Hey Brent! I am looking for a GC to give me a repair estimate for a property we have under contract. Seriously considering getting a private lender to rehab instead of wholesaling it. Lots of potential on this one. Can you recommend someone in the Lansing area? Need someone quick! Thanks in advance!

Nathan

Hi,

I am hoping to get a referral to a good investor friendly title company in the Lansing, MI area. We are looking for one that will process assignments of contract and double closings. We are using one in the Detroit area, but would like one closer to home! Thanks in advance!

Great thread! Thank you for this mini-course! :)

Hi,

I am hoping to get a referral to a good investor friendly title company in the Lansing, MI area. We are looking for one that will process assignments of contract and double closings. We are using one in the Detroit area, but would like one closer to home! Thanks in advance!