How Investing in Single-Family Rentals Replaced This Detroit Developer's 6-Figure Corporate Salary

แชร์
ฝัง
  • เผยแพร่เมื่อ 28 พ.ย. 2024

ความคิดเห็น • 62

  • @kevinakakp9120
    @kevinakakp9120 28 วันที่ผ่านมา +10

    I love to hear people saying that they are getting back to Detroit for the abundance of opportunities, people not from here, or people that fled to the south and other places just will miss out. There’s so much investment opportunity here, Detroit is a huge canvas right now, only true Detroiters know this

    • @lionelhowell4972
      @lionelhowell4972 2 วันที่ผ่านมา

      I love it as a former Detroiter, I would love to see it get to the point where you won't need those bars on the windows. I would be prone as an investor to build more "GATED COMMUNITIES" so families would enjoy establishing comaraderie's as neighbors. Detroit also must (CAP) the property tax in these communities that are being revitalized and NEVER change it.

  • @Eileen49654
    @Eileen49654 หลายเดือนก่อน +12

    Bravo, great job! My husband and I did the same thing in Flint Michigan.
    We bought 2 land bank houses. They were in much worse shape than yours. But like you said we had vision.
    Took 3.5 yrs for each house and about 40,000 each house but we did all the work except for the furnace.
    One we live in mortgage free, the other we turned into and Airbnb. It's also mortgage free.
    We have guests there now from Germany for 3 months😊😊😊😊😊

    • @Last4yearsofTrump
      @Last4yearsofTrump หลายเดือนก่อน

      That is so dope! I hope to do the same with my husband. We almost had a DLBA house the other day. We’re so afraid of the pitfalls we are hearing about. How DLBA can take your house back. The really strong arm Detroiters out of their homes. IMO.

    • @Eileen49654
      @Eileen49654 29 วันที่ผ่านมา +1

      @@Last4yearsofTrump Trust me, Detroit, Flint,Saginaw Kalamazoo do not want these land bank house back
      They make money when their purchased because instead of sitting empty someone is living in them paying the property taxes
      Did you know even if a house is abandoned and a county takes it over, that county still has to pay Michigan the property taxes. So all those boarded up house are costing the city/county money
      After you buy and fully pay for a LBH you get the title and go record it and then nobody can take it away from you
      Good luck

    • @Quis4726
      @Quis4726 28 วันที่ผ่านมา

      what's the website for the land Bank in Flint

    • @Eileen49654
      @Eileen49654 28 วันที่ผ่านมา

      @Quis4726 Google search Genesee County Land Bank
      It's that easy

    • @Last4yearsofTrump
      @Last4yearsofTrump 22 วันที่ผ่านมา

      @@Eileen49654 thank you. I may revisit the idea again.

  • @jameskeyes7058
    @jameskeyes7058 หลายเดือนก่อน +17

    Teach Black Man Teach ❤

    • @Steve-Willie
      @Steve-Willie 20 วันที่ผ่านมา

      Why he can’t just be a man? So tiresome.

  • @richardvinsen2385
    @richardvinsen2385 หลายเดือนก่อน +3

    Detroit needs more people like this.

  • @camillebaker9060
    @camillebaker9060 หลายเดือนก่อน +4

    Thank you for your story! So many hidden gems in here, appreciate y’all.

  • @andrewgregory6863
    @andrewgregory6863 หลายเดือนก่อน +4

    Congratulation! Great video thank you for sharing

  • @menardtexsampson3745
    @menardtexsampson3745 6 วันที่ผ่านมา

    I love it I invest in Hartford, Connecticut, and I’ve been eyeing Detroit, but it’s so far away and so cold, but I love the info and the content keep it coming

  • @evefavorse5939
    @evefavorse5939 หลายเดือนก่อน +2

    Very inspiring story! Continued success!

  • @mamiemoncrief9664
    @mamiemoncrief9664 8 วันที่ผ่านมา

    I just found your channel today 11/20/24. I love what you’re doing. Investing in the kids, and your community. Great job 👏🏽 👏🏽. I am definitely subscribing to your channel.
    Keep up the good work.

  • @cannastartup2794
    @cannastartup2794 21 วันที่ผ่านมา +2

    Nice work…are there any substitutes to the Bars on the windows i.e. a security system?

  • @liveyrdream
    @liveyrdream 22 วันที่ผ่านมา +1

    Great video. Very thorough.

  • @msell2682
    @msell2682 10 วันที่ผ่านมา +2

    You may want to paint those bars on the windows white. The black bars stand out and gives the impression of high.crime. White gives it a softer touch.

    • @Brown_Eye711
      @Brown_Eye711 วันที่ผ่านมา

      That’s would look nice 👍

  • @arthurdavis9386
    @arthurdavis9386 7 วันที่ผ่านมา

    Loved the video . Love your transparency about investing into properties n, etc. Those two investments are good properties. How can one purchase your shirt ? Loved the slogan on it. Thank you, Mike, for coming back home and setting examples for the future generation 🙌 ❤🙏♥️💪❤️💯 may God continue to bless you mentally, physically, emotionally, and financially.

  • @VikkiO
    @VikkiO หลายเดือนก่อน +3

    Great work

  • @Jlfelix83
    @Jlfelix83 หลายเดือนก่อน +2

    Great Job!

  • @Bigcoopdog_01
    @Bigcoopdog_01 29 วันที่ผ่านมา +1

    I knew I knew him from northwood!! 💪🏾💪🏾 I’m right behind you brotha this is big motivation

  • @paul734
    @paul734 2 วันที่ผ่านมา

    I'm from the area but living in Baltimore now. I was a foreclosure prevention counselor in Detroit back in 2010-2013. It was rough. I wish I would've done less partying and bought a few before I left in 2014. Fast forward now, I'm doing good investing here on the east coast, but I'm ready to get busy back in the Detroit area.

  • @KaciJackson
    @KaciJackson 18 วันที่ผ่านมา

    Beautiful renovation.
    I've been cheerleading for Detroit real estate and neigh'ds since 2008.
    Loving that people are consistently investing.
    Curious if the bars on the window will remain once the structure is occupied or will they remain permanently?

  • @MarcusBarrett-zi8od
    @MarcusBarrett-zi8od 10 วันที่ผ่านมา

    Bruh great job and vision. I like how you scaled up your business.

  • @darnelllewis5984
    @darnelllewis5984 29 วันที่ผ่านมา +1

    Great video

  • @SamMcKinley
    @SamMcKinley หลายเดือนก่อน

    Good ventilation is needed. Great job.

  • @lafaith111
    @lafaith111 หลายเดือนก่อน

    Wonderful & Congrats, Thank You for sharing with us💯❤🖤

  • @carlblack1427
    @carlblack1427 หลายเดือนก่อน +1

    Dope video.

  • @lionelhowell4972
    @lionelhowell4972 2 วันที่ผ่านมา

    Beautiful work brother, stay on it and keep those mice out of there that I saw on the camera while you were showing that shower area.😁😁

  • @ladownriver
    @ladownriver หลายเดือนก่อน

    Nice great video really enjoyed it
    Larue

  • @nubreedapparel6012
    @nubreedapparel6012 29 วันที่ผ่านมา +1

    What are some good neighborhoods to invest in Detroit?

  • @sunbloodtruthseeker3734
    @sunbloodtruthseeker3734 หลายเดือนก่อน +22

    I bought 8 from the Detroit land bank,if you want financial freedom invest in one of these properties

    • @Tanishatherealtor
      @Tanishatherealtor 20 วันที่ผ่านมา

      If you don’t mind me asking , how was the process ?

    • @sunbloodtruthseeker3734
      @sunbloodtruthseeker3734 20 วันที่ผ่านมา

      @Tanishatherealtor the process is extremely simple you already know your objective they just give you time lines to complete different tasks.

    • @RealestatePape
      @RealestatePape 18 วันที่ผ่านมา +2

      U bullshitting them houses trash too much work

    • @sunbloodtruthseeker3734
      @sunbloodtruthseeker3734 18 วันที่ผ่านมา

      @RealestatePape too much work if you don't pick right,I'm here and able to see them fully before I buy y'all new to this I bought my first home from the land bank in 2016

    • @ltellis036
      @ltellis036 10 วันที่ผ่านมา

      I’m interested . How do I do it?

  • @artbyasiana
    @artbyasiana 27 วันที่ผ่านมา

    My fiance and I have purchased a property from that land bank cash a few years ago. It’s a duplex house. We are currently renovating. Do you have any inputs or resources for funding for building and Detroit programs or incentives for renting homes?

  • @pattonj6413
    @pattonj6413 หลายเดือนก่อน

    Do you have a website. I would like to connect with you about what you are doing with the youth

  • @qutthroat10tail84
    @qutthroat10tail84 9 วันที่ผ่านมา +1

    Buy you a mic bro

  • @D190av
    @D190av 2 วันที่ผ่านมา

    Damn that’s crazy I watched this video and noticed a house I redid a while back 0:57

    • @D190av
      @D190av 2 วันที่ผ่านมา

      🤯

  • @tamarahines6975
    @tamarahines6975 11 วันที่ผ่านมา

    The house is nice inside and outside. My only complaint is why are the bars in the inside instead of the outside of the home?

    • @MarcusBarrett-zi8od
      @MarcusBarrett-zi8od 10 วันที่ผ่านมา

      My guess is less chances of someone removes it and becomes a squatter.

    • @timothyborum8591
      @timothyborum8591 7 วันที่ผ่านมา +2

      It makes it harder to break in you can remove those from the outside if you really want to my grandma had hers on the inside too the only downside is that if a fire broke out you can’t access the windows

    • @MarcusBarrett-zi8od
      @MarcusBarrett-zi8od 7 วันที่ผ่านมา

      @@timothyborum8591 That’s my concern is in case a fire.

  • @pooodaman
    @pooodaman หลายเดือนก่อน

    Lesson learned get you water tight inside and out before pouring new concrete.

  • @karenburks4264
    @karenburks4264 22 วันที่ผ่านมา

    Are you renting. I'd love to rent it

  • @antizzy
    @antizzy 15 วันที่ผ่านมา +1

    Where do you find hungry workers. These contractors flake left and right

  • @mlk8703
    @mlk8703 หลายเดือนก่อน +1

    💪🏽💪🏽💪🏽

  • @rosalindpride1501
    @rosalindpride1501 28 วันที่ผ่านมา

    .

  • @MarcMealing-ri7xo
    @MarcMealing-ri7xo หลายเดือนก่อน +1

    U tech real estate

  • @DeeSully-zj1xn
    @DeeSully-zj1xn 28 วันที่ผ่านมา

    Thats right sometimes step dads are great

  • @DeeSully-zj1xn
    @DeeSully-zj1xn 28 วันที่ผ่านมา +1

    And men look at his hand he's a husband boom 💥

  • @l.immanuelbell7833
    @l.immanuelbell7833 หลายเดือนก่อน +2

    Salute 🫡 helping feed your people this knowledge and giving insight!!