Farmington Hills Real Estate and Events talk Michigan

Metro Detroit real estate investing

 If you are new to real estate investing I recommend to take it slow.  Too many times I see novice investors jump into the deep waters of real estate investing and ruin their financial future.  If you want to buy a Metro Detroit foreclosure and become a landlord do it one at a time.  Be a landlord for a year before you buy more.  If you are going to flip houses buy one at a time and sell the first one before you buy a second one.

But my biggest piece of advice is to join one of metro Detroit real estate investors association.  There are three that I know of Oakland County REIA, Wayne County REIA and Macomb County REIA.

REIA of Oakland Countywebsite  http://www.reiaofoakland.com  check it out for their next meeting or seminar. 

 REIA of Macomb County

• Michigan's Premier Real Estate Investor's Association
• non-profit organization
• Over 100 Professionals & Investors In Attendance Every Month
• NOTHING is being SOLD at this event (100% informational & networking)
• Plus Get A FREE T-shirt Just For Attending

Wayne County REIAwill host a Landlord Subgroup that will meet the second Saturday of each month from 8:30 -10 am at Leo's Coney Island 734-295-8487 (9845 Telegraph near Wick Road) in Taylor.  Each meeting will be structured to discuss issues facing landlords, and also to stimulate networking.  This meeting is $20 FOR NON-MEMBERS FREE FOR MEMBERS.  Each person will be responsible for his/her own meal.  Please confirm with Wayde Koehler, 313-819-0919 or Dave Kovacs, 734-284-3727 via email (reiwayne@gmail.com) if you will be attending.  Website http://www.reiawaynecounty.org

I hope this helps you to prepare yourself for a successful experience in real estate investing.  You can never know too much about being a landlord or flipping homes.