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 goal of helping new real estate investors “Just Start” their real estate investing business. Mike also recently launched a coaching program which helps him work more closely with investors who want to either launch their real estate business, or take it to the next level!
REI News
One REI news item this week – and it’s a serious one.
It looks like the Fair Housing commissions across the country are stepping up their prosecution of of fair housing violations. If you are a landlord – I strongly encourage you to read the two articles that I saw on this, then do an internal review of your process and policies to make sure that you are 100% in compliance with fair housing laws. This is critical, because one of the guys that was prosecuted recently and fined $36k was investigated simply because he didn’t return a call from a renter prospect.
You can find both articles and my blog posts that go with them at dennisfassett.com.
Again – if you own rental properties or you’d like to, these articles are a must for you.
And I want to remind you that I’m still looking to put a group of folks together to do some decent volume of suburban turn key properties for a couple of hedge funds that called me.
So if you’d like to participate with funding deals, or if you can do some volume in the suburbs (not including cities like Pontiac or Inkster) then drop me a line at REITalkDetroit.com/contact and let’s talk.
And if you have a news item to contribute or an event coming up, drop me a line and I’ll get it on the show.
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