Trent Dalrymple's Blog

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Services for Real Estate Pros - Metro Mortgage Investments, R. E. Venture Capital
RECENT BLOG POSTS
Right about this time every year we send a letter to all of our borrowers suggesting that they get their property taxes appealed, especially if you are in the City of Detroit. Most cities have a property tax appeal process, which is only available for a limited time in February. This can result i...
11/13/2014
I was thinking about a webinar I attended a while ago that was held by a hard money lender from the West Coast. Everything that he said was typical of most hard money programs and the underwriting guidelines they use that would be presented to potential mortgage investors UNTIL he started talking...
11/11/2014
Most lenders and investors will not touch a home that has fire damage. Of course the extent of the damage could limit even an experienced rehabber from taking on this type of project.  The fear is not knowing the extent of the damage until you get deep into the work and then you're already commit...
11/08/2014
  by metromi If you’re an investor interested in networking with other investors you may want to look at your local REIA (Real Estate Investor Association) groups. Locally we have about a half-dozen groups that meet monthly, typically weeknights, and some even serve dinner.  Most groups charge fo...
11/07/2014
We all know the realtors mantra, location, location, location. A rehabber’s mantra should be granite, granite, granite.  A while back I wrote about not skimping on materials, one of them being granite countertops. My videos on You Tube show the house that I've been involved in the funding of the ...
11/05/2014
2 of our newly built houses in Royal Oak, Michigan are part of a 14 house Open House Extravaganza covering the cities of Birmingham, Ferndale and Royal Oak in Oakland County.  There's something for everyone, prices range from a low of $99,000 to a high of $499,900.  All of these homes will be ava...
09/06/2014
3 Open Houses 501 N. Center St., 702 Golf Ave. & 1817 N. Lafayette Ave Our real estate broker is holding open houses at all 3 of our recently completed houses, all in Royal Oak, MI on Sunday July 27, 2014 from 1 pm to 4 pm.  What we're hoping might happen is a prospective home buyer who is in our...
07/24/2014
One of our most recently completed houses in Royal Oak is now on the market, $420,000.  It's on a dead-end street that ends at the Red Run Golf Course near downtown Royal Oak.  It has 4 bedrooms, 2 1/2 baths, a detached 2 Car Garage and the house is GREEN BUILT.   A Green Home has features that w...
07/18/2014
We are rebuilding a house in the Detroit Suburb of Birmingham, Michigan where prices can run from $180,000+ for a 1,000 square foot bungalow to just under $3 million for an 8,300 square foot colonial.   Because our little bungalow will be torn down we decided to donate everything we can to a loca...
06/11/2014
Unlike anything in Royal Oak, Michigan, loft inspired new build with an in-town location, this house is ready for immediate occupancy! Unique elevation with standing seam and stacked stone accents. Modern wide open floor plan with dark walnut finished wood floors that flow throughout. The living ...
06/03/2014
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