Allan Boike and Steve Londeau of Property Solutions of Michigan
Last week Allan Boike and Steve Londeau, two real estate investors who operate a short sale negotiating service for real estate investors, real estate agents and real estate brokers in Metro Detroit area stopped by my office.
These guys are doing some interesting things and have been in the trenches in the real estate investing game for a long time in Michigan. I grilled them about their business and recorded a quick interview.
Here are some of the big things we talked about:
1. What are they hearing while talking and negotiating deals with Loss Mitigation officers every day?
2. How are they selling their own deals even is expensive cities in West Bloomfield really fast?
3. How do they work with real estate agents and brokers so they don't lose out on their commission when banks discount?
4. How come they decided not to charge anything upfront to real estate investors in Michigan for negotiating short sales while everybody else is doing it?
5. My favorite part: What they recently heard on a conference call with some of the top loss mitigation officers of big bank about what banks are planning with regards to negotiating discounts? It will make your head spin.
6. The biggest mistake Allan sees new real estate investors in Michigan make every day? And yeah I made it too and so did Allan but hopefully you will learn from our lessons.
Here is the link to their interview in MP3.
Also their website is here. But please before you call them and drive them crazy with your Short Sale questions, download my interview and listen to it.
