Real Estate Investing

The infinity cycle: buy-rent-hold- sell-repeat!

What’s so great about real estate investing in Detroit?

Real estate investing has created more millionaires than any salary job or stock market trade. It’s no secret that real estate investments create cash flow, tax shelters, and appreciation, not to mention it is a tangible asset that will always retain it’s value. There’s a huge mental shift when you realize you make your money work for you, instead of trading your precious time for money in a job you hate.

Metro-Detroit is uniquely attractive to investors due it’s relatively low entry point with a high potential for a sizable return on investment. It is a highly populated area with a large array of attractive features: several hospitals/medical centers, universities, businesses & a trendy downtown center.  

You may have heard the horror stories of the crime, poverty, and political scandals, and while previously all of that was true, Detroit has surpassed all of our resident’s expectations.  I firmly believe that is behind us, and each year proves that Detroit just keeps getting better. With the pandemic exposing the scam of high cost-of-living cities, remote work will push young professionals to Detroit where you can live pretty well on a modest salary. The opportunities for real estate investing are endless: short-term rentals, long-term rentals, or flips! 

15485 Prevost Detroit

Not Your Average “Investor-Friendly” Agent

Whether you are financing your first investment, or a seasoned investor with tons of experience, I will be your go-to eyes & ears on the ground locally to properly advise you from property selection to closing. Agents who only work with traditional home buyers do not understand the unique needs of investors, especially those who are remote & live out of the state (or country!). Here’s what makes me stand out:

Management

Not only does it make your life easier to have the same person handling the purchase & management of your asset, but it also keeps me honest. By being your property manager as well as your acquisition agent, I am forced to select properties that I would actually like to manage. I will be the one to deal with consequences of unforeseen repairs or terrible tenants, instead of passing the buck on to another third-party. It keeps me just as invested in your property as you are. 

Thorough

The devil is in the details. There are so many factors to consider when analyzing an investment. One missed repair could eat away all of your first year profits & one bad tenant could ruin your property. I offer a unique agent review process during the acquisition process to project rents & repair costs, and provide detailed inspection reports, photos, video walk-throughs, and tenant analysis.

Pricing Focused on the Long Game

I know what these homes sell for, what they will rent for, and what is a good deal. I encourage, instead of dissuade you from submitting “lowball” offers, as any true investor knows that profit is made in the buy NOT the sell. I am not going to push you overpay for a property, because I know that when you are ready to sell, that will negatively impact your ROI and my reputation.

Full-Service Real Estate Broker

I tailor my services to the party I represent. When we are buying a property, I will get it for the cheapest price possible and point out all it’s negatives. When we are selling a property, I will sell for top dollar and highlight all it’s positives to the public. When we are leasing a property, I combine both approaches by presenting a quality listing that tenants want to live in, while critically analyzing an applicant’s history.

A Great Team

I’m good, but I can’t do it alone. Through the years I have been blessed to meet some of the best accessory real estate professionals that perfect supplement my business. These people aren’t annoyed when asked questions or advice, and always give the pros & cons of every scenario with their knowledge & expertise. Whether it’s a home inspector, loan officer, title company, or insurance agent, I will find you a trustworthy resource for any area I can’t cover myself. 

What will we discuss on our first investment consultation?

  • A short & long term plan tailored to your financial aspirations
  • The best areas to target given your budget, goals & level of risk tolerance
  • How to set-up your business for future success by protecting your future assets from liability 
  • A timeline to achieve the steps in the correct order
  • The potential downsides to investing to ensure you adequately understand the risks involved
detroit skyline from new center and woodward

Take the First Step

Your journey doesn’t have to wait until everything is perfect.  Your journey can begin now.  Let me think of the best way to figure out how to make your dreams happen.  That’s my cell phone number.  Just call me and let’s talk now.

734-558-6584

Ask Me Anything

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