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Is Real Estate Investing for You?



we buy houses detroit

Hi – we’re Marily and Dennis Fassett.

We run a profitable real estate investing business in Metro Detroit under the name “We Buy Houses Detroit“.

You can read more about our story on our “About” page, but to summarize, we got started in real estate back in 2004 just before the economy crashed. We started buying rental houses and due to other factors that arose in our lives, we added wholesaling to the mix a few years ago.

I wish I could tell you that getting started in real estate was easy. But I can’t. Because it was hard. VERY hard.

You see, back then there wasn’t a lot of training out there other than a few books and the Carleton Sheets “No Money Down” materials that he sold on the late night informercials. So we had to learn by doing – and basically just figure it out on our own.

That’s why it was hard. We didn’t have any type of roadmap. We had to rely on feedback from what we were doing and make adjustments on the fly. I’m happy to say that we succeeded, but I’m not happy to tell you that it took 11 full months for us to get our first deal.

It’s crazy to see how things have changed. For example, my second oldest graduated from college this past spring, and she moved back home with us temporarily while she was looking for her first job.

Since she had a lot of time on her hands, and I wanted to start doing lead generation in a different city, I invited her to do the lead processing for me. And we’d split the wholesale fee that we received on any deals that her leads generated. Since my son was also home from college for the summer I offered the same deal to him in a different city.

we buy houses detroit

Since she had a lot of time on her hands, and I wanted to start doing lead generation in a different city, I invited her to do the lead processing for me. And we’d split the wholesale fee that we received on any deals that her leads generated. Since my son was also home from college for the summer I offered the same deal to him in a different city.

And they both cashed in fast. My daughter earned her first deal check in 8 weeks and my son earned his in 11. Weeks. Not months like me.

So What’s the Point?

I’m glad you asked.

The point is that while it’s STILL really hard to make consistent money in real estate investing, it IS possible. If you have knowledge and a roadmap.

That’s the reason I put this blog together.

It goes back a long way near the beginning when we were just getting started with out “We Buy Houses Detroit” journey. And I continue to update it with what we’re doing now.

I hope you find it helpful in deciding if real estate investing is for you.