Habitat for Humanity / Women Build
Right here in our own community we are coming together to make things a little better, a little bit at a time. Investors Realty Group is very honored to be a part of it. We can do this!
October 2024 FUNDRAISING UPDATE:
$80,247
More money has been raised for Women Build than EVER before in the history of the program and Investors Realty Group is proud to be the top fundraising team.
– Investors Realty Group $1,375
– Jeannette Jackson $1,300
– Sarah Hartshorn $800
– Habitat Ladies $325
– Alyssa Castillo/VA Team $300
– Laura Jacquez $300
Washtenaw Housing Alliance
Our local housing issues will not get “solved” by any one policy or program, because that is not how life works. But our housing issues can be measurably improved by collective action from capable people who represent a variety of interests and viewpoints. That’s why Investors Realty Group actively participates in the Washtenaw Housing Alliance’s LANDLORD ADVISORY COMMITTEE. We’re working to help educate landlords about the benefits of housing vouchers, while also educating housing voucher program administrators on some of the bureaucratic requirements that drive up housing costs. During September, we sponsored an event that brought County Commissioner Annie Somerville and State Senator Jeff Irwin to meet with our group and talk about ways that we can all work together toward our common goals: safe, affordable, appropriate, accessible housing for 100% of our community members.
Ypsilanti Downtown Development Authority
Investors Realty Group Broker/Owner Colleen Kennedy serves on the board of directors of the Ypsilanti Downtown Development Authority (DDA). The goal of the DDA is to contribute to the city’s vibrancy by fueling development and growth that benefits businesses and residents. The 12-member team, along with the Mayor of Ypsilanti, works together at the crossroads of community and government to help finance business owners’ needs alongside everyday improvements that support our city’s infrastructure and health.
Ypsilanti Historic District Commission
Jeff Muir, Investor Realty Group’s owner and VP of Operations, served on Ypsilanti’s Historic District Commission (HDC). The HDC guides development and renovation in the Historic District in order to maintain and highlight historically significant architectural features. All proposed work done on the exterior of a structure within the District must be reviewed by the HDC. This includes new construction, reconstruction, renovation, restoration, or painting of any property or historic landmark within the Historic District, as well as work on site features such as driveways, retaining walls, and fences.
Premier Office Space in Downtown Royal Oak
Your perfect office space awaits you at 612 E. Fourth St. Shared common areas include waiting room, bathrooms, conference room, kitchen/break room and copy room. There are 3 private offices available NOW plus one reception seat. All utilities except Wi-FI included. Cleaning, landscaping and snow removal included. 24/7 access.
2BR Apartment for Rent at EMU in Ypsilanti
Live in the heart of it all! Across the street from EMU campus, blocks from downtown, close to shopping, Washtenaw Avenue, I-94 and more. This apartment has high ceilings, lots of windows, historic charm, and has been recently updated. Features a large kitchen with lots of storage and a walk-in pantry, off-street parking, entryway/mudroom, updated bathroom, and includes water and heat. Two spacious bedrooms and living room also have lots of windows. The apartment is approximately 750 square feet and rents for $1,100/mo. with an $1,100 security deposit. Successful applicant will have a credit score of 600 or better, income that is three times the rent, no recent evictions or bankruptcies, and one good landlord reference. Every occupant over the age of 18 needs to apply and be approved, and the maximum occupancy is four total. Text 734-450-4403 to schedule a showing.
JUST UPDATED! 2BR Townhouse in West Detroit
Rent this updated 2 bedroom, 1 bathroom brick townhouse on Detroit’s Westside. This cozy townhouse features high ceilings, glass-block window, a cute back yard and a large basement. Requirements include:
– 600 credit score or better with no evictions, bankruptcies or rental debt.
– Documented income that is 3X the rent
– One positive landlord reference.
– We will need to confirm your employment dates and wages.
– A background check will be used to help process applications.
Text 734-450-4403 to schedule a showing.
Insurance Audits
We regularly meet with the local insurance agents that cover our clients’ properties. A well-written policy can be the difference between profit and loss on your rental. Here our Owner and VP of Portfolio Development is meeting with State Farm agent Cameron Barnes from Royal Oak, Michigan. Cameron recently wrote new policies for a 12-unit portfolio under our management. Thanks Cameron!
Working with Contractors
We always walk through units under our management with the contractors we are hiring. Developing a clear punch-list and setting expectations is critical. Here is our broker/owner Colleen Kennedy making sure that contractors are keeping on task.
Managing Utilities
Management of utilities is another area that can be the difference between profit and loss on your investment property. Here is our broker/owner Colleen Kennedy performing a utility audit at a property under our management.
Routine Maintenance
Owner/ VP of Portfolio Development Jeff Muir inspects a repair at a property under our management. Tenants nailed a rug to a part of the roof that they were accessing through a window. The nail holes caused water to leak through and damage the ceiling below.
Commercial Leasing
Owner/Broker Colleen Kennedy gets a new commercial tenant moved in to 10 N. Washington in Ypsilanti. This restaurant unit sat vacant for 6 months. Once we were hired, it was leased and occupied within 30 days!
Project Management
We’re experienced at planning, coordinating and managing complex projects. Broker/Owner Colleen Kennedy coordinated a roof replacement on this 20 unit building in Ypsilanti. This was roughly a $100,000 project that you wouldn’t want a rookie handling!
Property Management or Asset Management?
Does your property management contract specify exactly what duties and responsibilities are covered? Do you know the difference between PROPERTY management and ASSET management?
*Hint: check our our GLOSSARY & DEFINITIONS page.
Experience that Protects Our Clients
After Chandler graduated 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. Chandler is also a licensed real estate salesperson!
Evictions & Challenging Tenants
Our staff has overseen dozens of evictions and are highly experienced with all aspects of the eviction process. Most evictions can be avoided through clear, consistent communications and property record keeping. Owner / VP of Portfolio Development Jeff Muir took this photo of an eviction in Eastpointe, Michigan, at a 20 unit building under his management.
Distressed Properties
Investors Realty Group is HIGHLY experienced at onboarding distressed properties and portfolios. This is a 22 unit apartment we managed in Wayne, Michigan. Tenants had been “paying” their rent “in cash” to a fellow tenant, who had been designated the “property manager” in exchange for a rent credit. Shockingly, that did not work out to the owner’s benefit. We put an end to that.