Frequently Asked Questions
Find answers to commonly asked questions about our products and services.
How do you handle broker compensation in light of the NAR settlement?
Broker compensation is not set by law and is fully negotiable.
I don’t live in Michigan but I want to buy an investment property there.
Can you help?
Yes! We have helped over 100 out-of-state real estate investors buy properties in Michigan, and we have managed hundreds residential, commercial and multifamily properties in Michigan. We are the eyes, ears and boots-on-the-ground for our out-of-state clients.
What is your experience in the real estate industry?
Colleen Kennedy received her law degree from Michigan State University and was first licensed as a real estate broker more than 15 years ago. She served as Director of Commercial Management for one of the state’s largest property management companies from 2020-2023. She previously served as a Corporate Commercial Leasing Attorney for Land America Financial Group, and a Foreclosure Litigation Attorney with Trott Law PC.
Jeff Muir received his real estate license in 1999 and has been licensed in both Michigan and New York. He has experience in both residential and commercial real estate for investor clients and served as Director of Acquisitions and Business Development for one of Michigan’s largest property management companies from 2019-2023.
Chandler Kennedy is a licensed real estate salesperson. After graduating from South Lyon H.S. in 2020, he took a summer labor job with a large property management and construction firm. Over the following two years Chandler was promoted first to leasing agent, then assistant property manager, and then property manager. He managed a challenging portfolio of over 300 rental units in Wayne, Washtenaw and Monroe Counties (including everything from single family homes to a 200 unit apartment complex), while also handling marketing, leasing, asset management, quoting, and labor supervision.
Can you help me solve a difficult tenant / vendor / brokerage issue?
Most likely! With our legal and public affairs background, as well as our in-the-trenches, hands-on experience in property management and acquisition, we can help untangle difficult issues. Examples include getting Section 8 payments moved to a new owner, evictions, vendor/contractor disputes, performance and compliance audits, etc.
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Terms & Conditions
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Fair Housing
Investors Realty Group, a licensed brokerage company, is a supporter of the Fair Housing Act. If you have a disability that is preventing you from experiencing this website, call (734) 603-2770
Mediation & Arbitration Notice
Any and all disputes, controversies, or claims arising out of or in connection with or relating to this website or services provided by Investors Consulting LLC or it’s related organizations, services or employees, or any claim that either part has violated any local, state or federal statutes, common-law doctrine, or committed any tort with respect to the other party shall, on the request of either party, be submitted to and settled by arbitration in the State of Michigan pursuant to the rules, then in effect, of the American Arbitration Association (or at any other place or under any other form of arbitration mutually acceptable to the parties involved). Thai agreement to arbitrate shall be specifically enforceable under the prevailing arbitration law. Notice of demand for arbitration shall be filed, in writing, with the other party within a reasonable time after the claim, dispute or other matter in question arose where the party asserting the claim should reasonably have been aware of it, but in no event later than the applicable Michigan statue of limitations. Cost of arbitration shall be shared equally by the parties, provided that each party shall pay for and bear the cost of their own experts, evidence, and attorney fees. Judgment on any award rendered by the arbitrator may be entered in any court having jurisdiction to do so. The parties agree that prior to submitting a dispute to arbitration, they shall make a good faith effort to resolve the dispute through mediation.
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Disclaimer
The information provided on this website does not, and is not intended to, constitute legal advice; all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information. This website contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser. Readers of this website should contact their attorney to obtain advice with respect to any particular legal matter. No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction. Only your individual attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client or fiduciary relationship between the reader, user, or browser and Investors Realty Group, Rent Ready Systems, Investors Consulting LLC or any employees, owners or officers of these companies.
Rates & Fees
Investors Realty Group offers full-service real estate brokerage and property management as well as operational consulting. We also offer flat-fee, month-to-month property management support plans that range from $125 – $350 per month. Work can be quoted per-project. Unless otherwise specified in a written and signed work agreement, all other work will be billed at the rates stated below.
Colleen Kennedy, JD & Broker
Consulting & Project Management
$225 per hour
Jeff Muir
Consulting & Project Management
$175 per hour
Basic Labor
$85 per hour
Skilled Labor
$100 per hour or prevailing wage
Basic Property Management Work
$100 per hour
Mileage
$.65 per mile or current IRS published rate
General Contracting
Cost +18%
Materials Purchasing
Cost +15%
Advertising Purchasing
Cost +15%
Work can also be quoted by project.
Still have a question?
If you have any other queries, feel free to reach out to us. Our knowledgeable team is here to help!