Detroit Properties
Detroit properties are of the world’s sturdiest, well-made brick homes. There is no better time to invest in Detroit since these homes are at record low prices. While the same brick property may cost you up to $500,000 in other major cities it can be purchased in Detroit for up to 90 less. Northwest Detroit [...]
read moreBuy In the Best Areas of Detroit
One of the most critical aspects of investing in Detroit real estate is location. If you want to make a solid investment choice you need to pick the right location or it can be a disaster. I know buying property for cheap sound great, but it will cost you in the long run. Ask yourself [...]
read moreMake Sure the Rehab is Done Correct the First Time
It is very important as a real estate investor that when rehabilitation on a property is performed, it is done correct the first time. I say this because I see a lot of investor make mistakes by cutting corners. When you cut corners you also overlook the fact that you want the tenant to pay [...]
read moreReal Estate vs. Other Investment Vehicles
According to BusinessWeek, among all the investment vehicles available in the US at present, commercial real estate now stands head and shoulders above its peers when it comes to level of risk, protection from inflation, and of course, yields. “We’re well into the recovery in the prime markets in the US,” says Dan [...]
read moreWhy Detroit is the Best Real Estate Investment Choice
Negative media reporting has generally painted a picture ofDetroitas a metropolis that’s in danger. Investors certainly should be aware of the grave troubles facing the city’s real estate market – tribulations such as prevalent foreclosures, a declining local economy, soaring rates of joblessness and widespread crime. On the other hand,Detroit’s rental market has become more [...]
read moreTips and Tricks for Real Estate Investors
Careful deliberation and extensive research should be done prior to investing in real estate, because of the current volatility of this market. Since location will have an effect on what your property is worth over a long period of time, it is thought to be one of the most important things to look at when [...]
read moreReal Estate Investing in Detroit: Neighborhoods That Will Maximize Your Returns
The Detroit job market is in chaos, and as a result, many people are abandoning their homes and the mortgages attached to them, even in nice neighborhoods. The foreclosure problem has hit Detroit hard. The city is now showing signs of economic recovery, and over the last ten years, the number of college-educated residents under [...]
read moreWhat is a Bungalow?
Bungalow homes originated from south Asian style homes. They were typically small, single level homes that included verandas and gardens. In the early 1900s the bungalow style homes became a dominant architectural design for the American housing market. The early American bungalows started in the north-east, they rapidly spread nation wide soon after. A bungalow [...]
read moreWhat is a Colonial?
America colonial architecture comprises quite a few building design styles connected with the colonial period of the United States, including First Period English, French, Spanish, Dutch, German and Georgian Colonial. In the current market conditions in Detroit, you will often find a colonial home for a higher price than a bungalow or ranch. They have [...]
read moreWhat is a Ranch?
A ranch in Britain and North America today is a residential house, generally standing apart from neighboring homes. They are very suitable for some owners as all living areas are on a single story and there are no stairs to negotiate. Neighborhoods with just ranchs offer more seclusion than comparable areas with two-story houses. The [...]
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