All Forum Posts by: Zabrina Horton

Seeking a cash investor.  New build loan is approved and all the heavy lifting is done.

Loan: $400K

ARV: $540K

Investment amount options: $50K, 15% ROI. Or, $75K, 20% ROI.

Length of time: 12 months or less

Secured by mortgage lien

Open to discussion with all.

Hey guys, good reading here.  Thanks.

Allow me to jump in.  I'm also in Los Angeles and invest in Detroit.  @Viv Lozano would you like to meet for coffee and chat?  I'm in mid-city.

Hear the Vision. See the Opportunities. Walk the Projects.

It's amazing what has taken place in Detroit in just the last 10 years, and what will happen in the next 10!

July 26-27, 2019 is our next Detroit Power Weekend. The weekend includes a networking mixer event Friday evening, followed by a Saturday tour of the city, strategic neighborhoods, our project areas and available properties we have targeted to purchase fr turnkey investments.

On Saturday afternoon we will host an invite-only Opportunity Session with guest speaker Ashley Hamilton of Bigger Pockets Podcast #331. She will be sharing details of her journey and success as property manager and answering the questions to help you reach your goals beyond any barriers to your dreams.

Friday, July 26, 2019

POWER NETWORKING MIXER

5 PM - 7 PM

(Location TBA)

Meet, Greet, Mix and Mingle with other investors, Detroit City officials, and real estate industry professionals.

Saturday, July 27, 2019

TOUR OF STRATEGIC NEIGHBORHOODS AND PROPERTIES

12 Noon - 2 PM

We'll begin boarding passenger vans at SpaceLab Detroit at 11:30 AM

@SpaceLAB,
607 Shelby Street, Suite 700
Detroit, MI 48226

A professionally-designed, dynamic coworking space in downtown Detroit. Only two blocks from Cobo Center, SpaceLab is in the heart of downtown’s resurgence and development activity.

See the Detroit real estate investing opportunities on a personal guided tour. We will drive through several specific Metro Detroit neighborhoods we have identified as ideal for property investment including the Opportunity Zone and others. You will get a chance to walk a couple project properties. Our tour will provide an up-close view of several projects expected to have a significant positive impact furthering Detroit Future Plan.

OPPORTUNITY SESSION - Saturday July 27th 3 PM -5 PM

@SpaceLAB,
607 Shelby Street, Suite 700
Detroit, MI 48226

Our special guest speaker is investor, property manager and realtor, Ashley Hamilton of Bigger Pockets Podcast #331. She will discuss "What Investors Should Look for in Property Managers."

We'll also present our turnkey investments which produce:

• 12% average positive cash flow
• Equity growth over 5 years
• Community development
• Multiple tax benefits

The Tour and Opportunity Session are for serious investors ready to invest in Detroit.
DDIS structures deals for our partners and clients bringing them secure, high yield returns on their investments. We are your Detroit "Boots on the Ground." As experts in the market, we know which neighborhoods are projected to experience strong, equitable growth over the next 5 to 10 years.

Are you interested in joining the Movement?

We invite you to become of member of

Detroit Dream Executive Council

In order to build our communities together, we want commitments from those in purpose to impact change. Our projects have a social impact on the community. Through our non-profit CHAMP Community Foundation, we help increase people value through affordable housing solutions with training, apprenticship, job placement, and social enterprising opportunities. When we work collectively, there’s much we can accomplish!

$25 monthly*membership To the Detroit Dream Executive Council you will receive:

• FREE Admission to all Executive Meetings and Power Network Mixers (a $25 value savings each admission)
• 25% Discount on: Opportunity Session Workshops, Special Events, and Merchandise
• Access to private social media groups with webinars that track with our project development
• Participation in CHAMP Nation Non-Profit Affiliate Fundraising Campaigns
• Professional and Business Development, Training, and Certification
• Promote Your Company Brand through our professional referral list and event sponsorship
• Sub-Contractor Opportunities on DDIS Projects
• Investor Opportunities for passive income through our exclusive investment group where you can invest in DDIS Projects or turnkey properties. Whether you're a first-time or seasoned investor needing support to enter the growing Detroit market.

...and much more to come!

$250 July 26-27 POWER WEEKEND 3-Event Package (non-members)

Join the EXECUTIVE COUNCIL Membership for $25 a monthly* receive

$100 OFF TODAY!

$150 July 26-27 POWER WEEKEND 3-Event Package (Members Only)

*Note: The membership fee will be a reoccurring monthly charge of $25 starting September 3rd 2019.
Or $250 annual membership (includes 2 months free)

Our Power Weekend Events attracted more than 300 professionals. Are you interested in cross-promoting your brand with us? Email us and tell us about your company and products, a representative will get back to you with details.  [email protected]

Register on Eventbrite:  https://ddis-powerweekend.eventbrite.com

Detroit DREAM Investment Solutions, LLC is a full-service firm that Develops Real Estate and Asset Management. We acquisition residential real estate assets in blighted communities and renovate them to highest productive use. We buy properties in bulk on the same block to have enough share of the market to impact market value with a robust rental portfolio with strong annual cash flow, or fix and flip assets for maximum equity yields.

Learn more about us at: www.DetroitDreamIs.Com

Read about us on Curbed.com: https://detroit.curbed.com/2019/5/28/18642584/black-celebrity-investment-detroit-angela-yee

Hi all, I'm so excited to share an article in the Marketplace that just came out today, May, 28, 2019.

https://detroit.curbed.com/2019/5/28/18642584/black-celebrity-investment-detroit-angela-yee

In the last year, some big names like Lenny Kravitz, Angela Yee, and Big Sean have put money into Detroit real estate and businesses.  The latest big name to do so is none other than Earvin "Magic" Johnson.

My business partner and I formed Detroit Dream Investment Solutions a little over a year ago.  Since then, we've hosted several a networking mixers, a tour and a few opportunity sessions in both Detroit and LA.  

The next one is July 26-27, 2019 in Detroit!

Detroit Dream Investment Solutions is a real estate investment management and development company that invests not only in PROPERTY (to build wealth), but also PEOPLE (to touch lives) and PLACE (to change communities for the better)!

We're transforming neighborhoods buy the block.  Join us as we develop properties AND jobs.  

For more info on joint venturing or other partnerships:  Email me at [email protected]

www.DetroitDreamIS.com 

Detroit Dream IS... Investing in:

PROPERTY - Building Legacy Wealth

PEOPLE - Touching the Lives of People

PLACE - Changing Community for the Better

If you are:

• Ready to get to work

• Ready to join the movement

• Ready to see the transformation of Detroit that's on everyone's minds

You need to be present at the DDIS Executive Meeting!

Reasons to join the DDIS Executive Council:

1. Grow your network and strategic partnerships

2. Support initiatives that resonate with you

3. Access to lenders and training on how to secure capital financing

4. VIP access to members only events, opportunity sessions and development webinars

5. First consideration to joint venture on DDIS projects

6. First consideration to bid on projects that need tradesmen and women

7. Wholesaler assets presented as Turn-Key Investments to our investor pool

From investors, owners and developers, to architects, engineers and contractors, and from agents and brokers to attorneys, appraisers and inspectors, DDIS is Touching the Lives of People.

We have the people, knowledge and education to help you find connections, stay ahead of the wave that the rest of the country is about to jump in, and to make deals!

Donation: $25*

*Proceeds will go towards launching CHAMP Nation in Detroit. For more information visit https://www.champnation.org/about-champ

RSVP on Eventbrite: https://www.eventbrite.com/o/zabrina-horton-and-deba-harper-17835484528

Hi Ama, I was going to, but decided to instead go with a local expert, who is now my biz partner.  She there in Detroit, and I'm in Los Angeles.  We have offers in on some other properties.  But I could put you in touch with a couple people who have if you like, so you can get their first hand experience.

Want to learn about real estate investing opportunities in Detroit? Invest and grow with the billion dollar-plus revitalization of the Detroit community.

We'll be presenting our turn-key investments which produce:

• 12% average positive cash flow
• Equity growth over 5 years
• Community development
• Multiple tax benefits

DEBA HARPER, Founding Partner and Chief Executive Officer, Detroit DREAM Investment Solutions

Born and raised in Los Angeles, California Deba Harper’s interest in real estate development was birthed from the chaos of the economic downturn or The Great Recession 2007-2010. Out of great chaos comes greater ingenuity for visionaries like Deba Harper.

The rebirth of Detroit, Michigan is a welcoming blank canvas for Deba Harper to emerge as a real estate developer to implement the community development model that was conceived from her strategic community-based planning and advocacy in Los Angeles.

Deba is the Senior Data Solutions Administrator for the Detroit Land Bank Authority (DLBA), which is the biggest land bank in the nation. DLBA is the repository of all residential Detroit City owned parcels and manages all activity associated with the inventory, disposition and demolition. She was selected as a participant of the first cohort of Capital Impact Partner: Equitable Developers Initiative. The DDIS community-based Lazarus Project has the interest of the city and capital partners ready to support the implementation of our project. She’s also a founding member of the Real Estate Association of Developers, a member of the National Association of Black Women in in Construction, and a member of the Urban Land Institute, Michigan Chapter.

Deba holds an Associates in Science degree in Business Administration from Antelope Valley College, a Bachelor of Arts degree in Liberal Studies with emphasis in Urban Planning from California State University Northridge and a professional certificate from the USC Ross Minority Program in Real Estate.

ZABRINA HORTON, Founding Partner and Media and Investor Relations, Detroit DREAM Investment Solutions

Zabrina Horton is a TV-publicist-turned-real-estate-investor-goddess. After being laid off fromBET Networks two days after returning from maternity leave, Zabrina felt relieved that she could finally do something she always wanted to do full time – and that is real estate investing. She utilizes and promotes a strategy she calls the “2-for-1 investment.” Zabrina also helps individuals strengthen their credit profile so they can qualify to invest in multi-family units which serve two purposes; primary residence and income property.

Not letting her 25+ years of Hollywood PR experience and contacts go to waste, she now applies those award-winning skills to investor relations activities. Zabrina’s favorite mission is connecting passive and/or newbie investors with seasoned developers and flippers that provide high returns.

Zabrina earned a Bachelor of Science degree in Business Marketing from California State Long Beach and a Master of Science degree in Sports Management from St. Thomas University, Miami. She resides in Los Angeles with her fiance’ and their 4 year old son. She invests in California as well as Detroit, where she co-founded Detroit DREAM Investment Solutions with Deba Harper.

Why We Love Investing in Detroit:

• AFFORDABILITY (Comparison/Example: You can purchase 3 rental properties for the price of 1 downpayment on 1 property in California. Use the rental income to pay YOUR mortgage wherever YOU live).
• TAX BENEFITS (Depreciation, Write Offs/Expenses, Long Term Capital Gains, Appreciation) http://reiaofmacomb.com/the-3-biggest-tax-benefits-of-owning-michigan-rental-property/
• 25% MARKET GROWTH OVER THE PAST 5 YEARS https://www.detroitnews.com/story/business/columnists/daniel-howes/2019/01/23/rising-property-values-signal-detroit-reinvention-real/2659606002/
• CASHFLOW - MONEY NOW & MONEY LATER (https://www.crainsdetroit.com/other-voices/opportunity-abounds-detroit-if-you-know-where-invest)
• PROJECTED JOB AND POPULATION GROWTH (In the last 12 months alone several Fortune 500 companies have opened up offices in Detroit because they want to be a part of this growth. The city now is home to a wide variety of multinational corporations including Little Caesars, Google, General Motors, Quicken Loans, Shinola, American Axle, Blue Cross Blue Shield of Michigan, DTE Energy, Lowe Campbell Ewald, and Rossetti Architects. Just a few weeks ago, Fiat Chrysler announced they are opening a Jeep factory and investing $4.5 billion into the expansion translating into more than 6,000 new jobs). https://www.freep.com/story/money/cars/2019/02/26/jeep-fiat-chrysler-detroit-plant-suv/2989129002/

This Opportunity Session is open to Accredited Investors and/or, individuals that can make a minimum investment of $50,000.

6:00 PM: Dinner and Networking

7-9:00 PM: Opportunity Session

Admission fee includes light dinner and a wealth of information not available anywhere else.

Register at https://ddis-owntheblock.eventbrite.com

I have a few offers in right now.  I reside in Los Angeles, and my business partner resides in Detroit.  She actually works for the Detroit Land Bank, and knows the city inside and out.  What I personally like about Detroit is:

1) Affordability compared to LA - I can buy 5-6 good houses (or a combination of 2 family flats etc) for the price of 1 here.   By good I mean they're fixer uppers, but not junk.  I like buying properties whose rehab isn't astronominal.  There's a lot of junk in Detroit, but there are some gems as well.  Throw in the bonus that if a property is next to a vacant lot I can scoop it up for $100!?  What!?  

I also agree with the other responders here, that a lot of it comes down to your team, knowledge, PLUS a little female intuition! :-)  Of course there are plenty of other markets in the mid-west that are also affordable and easy to enter, however, Detroit has other appealing qualities as well.  Such as:

2)  The market there has experienced 25% growth over the past 5 years.

3)  The city welcomes out-of-state investors.  There are lots of programs for small businesses

4)  Other investors and corporations are pouring money into the city to help it get back on its feet.  I'm talking to the tune $100 million and more is coming.  Downtown is already back.  Now, the revitalization is spreading out to the neighborhoods.  Which ones?  That's where you need your team to give you accurate advice and facts.  

5) The projected job growth is healthy.  Not spectacular, but healthy.

6) The demand for local, skilled labor is very high to accomodate all the develop taking place now and on the grid.

After Detroit, I plan to buy in another market (besides California), but I'm focusing on one market at a time.  

Message me if you'd like to chat further.  My partner and I are planning a mixer/tour/opportunity session the weekend of May 17-18th.  We're presenting next week here in LA as well.

Zabrina Horton

Hi Larry I live in LA but my partners are there in Detroit.  We're having a mixer and opportunity session workshop on Jan 25 and 26 there in Detroit.  I posted it in the events section.  Here's the Eventbrite link: 

https://ddis-buyingblocks.eventbrite.com