Hi all,Was just in Michigan for an extended stay and was wondering if anyone had any thoughts on the Detroit and the surrounding cities for possible long-term rentals or flips?

I have been learning about real estate investing for over 5 years and finally took the first big steps this year.I purchased a short term rental in Bellaire, MI. 

I’m Alex, a recently re-licensed real estate agent in SW Michigan, back in action after five years off as a stay-at-home dad.

I have a couple property in MI.

I’m in Michigan and I’m not sure of the LLC creation process. 

Being able to use the depreciation or accelerating the depreciation as much as possible also helps especially before the end of this tax year.Thank you for this detailed description of how to qualify and I have helped investors use this strategy in Michigan in college towns and along the coasts so I know there is interest.To your success! 

As an OoS investor investing in Michigan, you had better understand how property taxes work.

Marie: Gross would be $708.10.

My goal would be to purchase: 1st year: 1 unit 2nd-10th year: 2 units per yearTotal of: 19 units after 10 years*FYI - I live in Harrison Township, MI (Not Detroit) *

I have done research in the area but have not purchased anything myself as I primarily invest in Detroit, MI and am looking to expand into other markets.