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All Forum Posts by: Scott K.

Scott K. has started 25 posts and replied 663 times.

Post: House not renting

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216

My Roseville 2 bd rented in 4 day.  795 they move in this weekend

Post: Flippers

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216
Originally posted by @Ryan W.:

I am looking into Finding Flippers around my area to be successful. Where should I start? In Michigan

Try to stay in the nicer area's.   Waterford (west), Sterling Heights, Troy.  Cities that will always be in demand.  I would avoid the low income working class area's

Post: "Wealthy People Dont Own Anything. They Control Everything"

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216

that's just stupid.

Post: Double Closings Title Cos Michigan

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216

back to back closing or one close pays for the other?  Good luck with that.

Post: Closed on my first house of 2015

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216

with the improvements can you push the rent to 800?

congrats on doing it

Post: New Investor From Northville, MI (Metro Detroit)

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216

Welcome.  What a great city you are in right now.  My end goal is to end up in Northville.

A few questions?

What price range are you thinking about getting started in?

Are you going to be a cash buyer or you using a mortgage?

good luck

Post: good management company in Detroit?

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216
Originally posted by @Bryan H.:

If you are investing in Metro Detroit (outside city limits) I recommend the PM I am using http://aspectproperties.com/ I don't know that they work much within the city though.

This is the company I also use.  Just started with them so my feedback is limited.

But my 2bd in Roseville was only on the market for 4 days.  It is not rented out for 795.  I was only planning on 725,  So that right there pays for them.

I am being charged less than 10%

Post: House Hacker From Detroit, MI Area

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216

@Stewart Olney 

Welcome to the site.  I would say 60k is a little high for that area.  Good luck with finding better deals.  That's what its all about.  Keep looking and searching.

Don't try to be a wholesaler if you don't have any money.  Don't listen to people spewing that you don't need any money.  That's a flat out lie,

Good luck

Post: Top rental markets are also the most dangerous cities?

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216
Originally posted by @Vince Mayer:

@Scott K. 

@Ali Boone 

I think somebody had too much caffeine or an early start on happy hour. Chill Scott!

No I just don't tolerate lies.  Is Detroit better?  Yes.  Is Detroit dangerous?  Yes.  Is most of the crime in this area from Detroit or Detroiters?  Yes.  For her to say what she said was wrong and stupid.

She must be playing an angle here.  Detroit is always in the top 3 worst cities with crime for the last 20 yrs.  Yet she says its safe.  We have whole neighborhoods that are bombed out that even the criminals have left.  2013 was the leader in murder.  How does it make it safe.

People are shot every day in this city.  And don't tell me it happens everywhere.  That's another lie.  It doesn't happen 3 miles north or south or even west of the city 

Post: Top rental markets are also the most dangerous cities?

Scott K.Posted
  • Real Estate Investor
  • Madison Heights, MI
  • Posts 693
  • Votes 216
Originally posted by @Ali Boone:

I definitely throw my opinion in and say that those are far from the most dangerous cities in the US. Any city will have it's dangerous areas, but those cities in general are far from bad. Detroit might be a little more rowdy than some, but I wouldn't even consider it a dangerous city. I'm from Atlanta and have invested there and that city wouldn't even rank on a dangerous scale to me. It's totally fine, as long as you stay out of the crazy areas...but every city has those.

I'd call this a major Forbes Fail.

HAHAHAHAHAHAHAHAHAHA oh sure Detroit is not dangerous.  You must have something tp benefit from saying Detroit is not dangerous. 

LOL rowdy Oh man thanks for the laugh.  Yeah people get shot everyday here in the city.

Those cities are hellholes.  How dare you lie to the people on this forum.  Well now I know not to pay attention to anything you post about in the future.  Thanks for saving me time in the future.

Let me guess you are a turnkey that deals in these cities.