Chris Womack
"New Investor in Troy, MI: Looking for Guidance & Connections"
17 September 2024 | 4 replies
Hello,I am a new real estate investor based in Troy, Michigan, actively seeking potential cash buyers and seasoned wholesalers in the Metropolitan Area.
Robin Thornton
What Is A Good Amount To Have In Reserves?
22 September 2024 | 13 replies
Thanks @Cory M.. I
Daniel Windingstad
Out-of-State LTR Investing
27 September 2024 | 48 replies
The median price is still just $90k and I wouldn't be surprised to see it double again pretty quickly.The other nice thing about Michigan is property taxes are capped at the rate of inflation with a max annual increase of 5% per year.The biggest drawback of Detroit is tenant quality IMO.
Julie Muse
First Fix-and-Flip Triumph with Jeff Dilldine in Linden, MI!
16 September 2024 | 0 replies
The location in Linden, MI, and the property's structure offered an excellent opportunity for a significant value boost through a fix-and-flip strategy.
Aaron Buehler
How accurate are STR revenue generator websites?
20 September 2024 | 17 replies
I am working on rehabbing some smaller cottages in northern Michigan, the plan is to put them all on the STR market once they are complete.
Antonio Di Cristo
Looking to invest in TN
20 September 2024 | 25 replies
$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute$400M Investment, 517 New Jobs: Norway’s Nel Hydronhttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.
Chad Wan
Lender cannot close DSCR loan due to Tax Foreclosure record on Primary residence
18 September 2024 | 7 replies
MI has 3 years delinquent tax.
Nicholas Nakamura
Real Estate Investing-Section 8
18 September 2024 | 13 replies
You are a teacher from California looking to invest in states that have a high demand for section 8 housing and asked some suggestions for good states to invest.I am a retired teacher myself and all of my tenants are section 8.I personally love section 8 tenants and proving safe and affordable housing for them.I am in Michigan.
Joey Sabatini
Next best step to early retirement
20 September 2024 | 7 replies
I suggest looking into IN, OH, MI, WI, MO, ID, etc.
Elliott Ashton
Im 22 and own a business that makes $3,000,000+ a year. Where do I start?
17 September 2024 | 14 replies
I am an agent, and have been investing in Michigan since 2014.