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Updated almost 7 years ago on . Most recent reply

User Stats

142
Posts
37
Votes
Chris Ramos
  • Flipper/Rehabber
  • South Jordan, UT
37
Votes |
142
Posts

NOTICED HOT MARKETS DRYING UP? GET AHEAD OF THE CURVE FOR ONCE!

Chris Ramos
  • Flipper/Rehabber
  • South Jordan, UT
Posted

I BELIEVE INKSTER CITY IS ABOUT A YEAR INTO THE BEGINNING OF IT'S REBOUND. MY COMPANY HAS BEEN BUYING IN INKSTER AND METRO DETROIT FOR THE LAST 4 YEARS AND PRICES ARE RISING AND EACH YEAR THEY'RE RISING AT A FASTER AND FASTER RATE AS INVENTORY IS GETTING SLIMMER. MY COMPANY IS PURCHASING PROPERTIES DIRECTLY FROM THE CITY OF INKSTER. WERE INVOLVED IN THEIR NEIGHBORHOOD STABILIZATION PROGRAM WHICH ALLOWS A FEW QUALIFIED DEVELOPERS TO PURCHASE DIRECTLY FROM THE CITY. THE CITY IS TAKING PROPERTIES BACK FROM THE LOCAL COUNTY PRIOR TO THEM GOING TO AUCTION. THE REASON FOR THIS IS IT GIVES THE CITY GREATER CONTROL OF THE RUN DOWN HOMES, THE DEVELOPERS INVOLVED IN THIS PROGRAM HAVE CERTAIN REQUIREMENTS WHICH FORCES US TO REMODEL THE HOMES WE BUY. THIS IS GOOD FOR THE CITY AS WE ARE CLEANING UP BLOCKS AT A TIME. RECENTLY THE CITY HAS COME OUT OF BANKRUPTCY AND THE EMERGENCY MANAGEMENT IS NO LONGER IN CHARGE. THE CITY'S POLICE FORCE HAS BEEN REINSTATED, CODE ENFORCEMENT IS IN FULL SWING, BUILDING DEPARTMENT IS SQUARED AWAY AND THEY HAVE ELECTED A MAYOR THAT IS PROACTIVELY KEEPING THE CITY HEADING FORWARD.

THIS IS JUST A SHORT LIST OF WHY I BELIEVE INKSTER CITY IS IN THE PROCESS OF REBOUNDING

 MOST OF THE REST OF THE U.S. HAS REBOUNDED ALREADY, WOULDN'T IT BE NICE TO BE AHEAD OF THE CURVE FOR ONCE!

CONSERVATIVE 9.5% RETURN.  

GUTTED TO THE STUDS, WITH A LOT OF THE FLOOR JOISTS REPLACED. EVERYTHING INSIDE IS NEW - DRYWALL, ELECTRICAL, PLUMBING, FLOORING, KITCHEN, BATHROOM ALL FIXTURES, SEWER LINE, WINDOWS, DOORS AND MORE! PERMITTED, INSPECTED, CERTIFICATE OF OCCUPANCY COMPLETED. TENANTED WITH A SECTION 8 TENANT, PROFESSIONALLY MANAGED. 

NOT SURE WHAT MORE WE CAN DO, LOL.  

FOR MORE INFORMATION VISIT MY WEBSITE WWW.PARTNERSINVESTING.COM  OR SHOOT ME A MESSAGE.

Offering

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