Businesss

REITD 009: Steve Londeau – Full Time Wholesaler and Direct Mailer

In this episode I talk to Steve Londeau. Steve is currently a full time wholesaler here in metro Detroit. He had a pretty rocky start to his real estate investing career, but he got focused and got busy, and ultimately co-founded and helped grow a profitable short sale and non-performing note business. He then had to leave that business rather abruptly due to some family issues, and in the process had to reinvent himself and…

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Businesss

REITD 008: Eric Persha – Owner of Rehab Detroit and Processes That You’d Kill For

In this episode I talk to Eric Persha. Eric is a native Detroiter who went away for college then decided to come back to the area and get into real estate. He’s in REI to make money, but he also likes participating in the renaissance of the city. REI News NO REI news this week. My conversation with Eric went way long, so we skipped the news and went right into the interview. Current Business…

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Businesss

REITD 007: Aaron Yates – Part Time Landlord With Six Free and Clear Rentals

In this episode I talk to Aaron Yates. We talk about the challenges that lead to him getting started in real estate, we talk about his bankruptcy, we talk about the REI Meetup he founded, and he shares two resources that have made a huge difference in his investing business. REI News It’s been a slow week in the news department, so I’ll take this opportunity to ask you for a rating and a review…

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Businesss

REITD 006: Allan Daniels – Third Generation Real Estate Investor

In this episode I talk to Allan Daniels. He’s a third generation real estate investor here in Metro Detroit. We talk about his family real estate business, his really cool perspective on making mistakes in your business, how he’s funding his deals, and his pretty black and white take on Dodd Frank. Metro Detroit REI News Six news items to report today: First – crowdfunding is coming to real estate investing in michigan. Stay tuned…

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Landlording, Rental Houses

Bad Tenants Suck

This is Captain Obvious reporting! Seriously – I really like being a rental property owner. And I really like most of my tenants too. But occasionally I get some clown who decides that they’re special and they don’t have to play by the rules anymore. Like paying rent on time. So I like to deal with these people quickly, because if I don’t they get worse. So if you have been following me for any…

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Businesss

REITD 005: Mike Simmons – Landlord, Flipper, Podcaster and Coach

In this episode I interview Mike Simmons. Mike is a landlord, a flipper, a podcaster, and he coaches new investors on how to get started in real estate. Mike’s husband and father of three. He, along with his wife Nanette, started flipping houses here in metro Detroit back in 2008. He’s been successfully flipping houses in Metro Detroit ever since. In November of 2013, Mike started a podcast call “Just Start Real Estate”, with the…

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