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2 March 2024 | 9 replies
Here's some info about what's happening in Metro Detroit recently, By the way, no one else is committed enough to gather & share this type of info about their marketplace with supporting proof.Volkswagen Scout Brand investing $11M in Detroit, 200 new jobshttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/Hotel Added to Hudson Site, total over $1.4Bhttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/Detroit west side Dexter Neighborhood Receives $21.5Mhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/Norway’s Nel Hydron investing $400M, 517 new jobshttps://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.Chase invests $200M in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investmentGilbert Foundation invests $439M in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-instituteBollinger Motors investing $44M, 237 new jobshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/15 New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/32735392BorgWarner Investing $20.6M, 186 new jobshttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs3 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/District Detroit $1.5B Development, 12,000 temp jobs, 6,000 new jobshttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/$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/$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reachedYou'll also want to be careful about falling for the misleading "let me help you by sharing my story" posts of members like Joseph Bui, who are really just trying to entice you to contact them so they can sell you properties.We are very open that we're here to get people interested in our Detroit market to do win-win transactions:)
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2 March 2024 | 9 replies
They have a specialized PM that does an amazing job.
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2 March 2024 | 32 replies
As far as cash flow, we have a loan at 3.2% and are just breaking even because we use a management co….they take a significant chunk but the appreciation has been good and it’s nice having family gatherings there.
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1 March 2024 | 34 replies
I have a good full time w2 job so coming up with a down payment is not an issue.
2 March 2024 | 1 reply
A single mom of 2 I seldom have a job and I like it that way.
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2 March 2024 | 6 replies
The big thing your friend probably wants is that it is your contact information that prospective tenants see when they reach out.A general tip beyond the usual blackout curtains, nice bed and safe area, would be that we've seen that most of our bookings come within days of a lease expiring.
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1 March 2024 | 28 replies
Nice problem to have if your estate exceeds the $13 million tax free limit.
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2 March 2024 | 5 replies
I have a listing priced at $2450 (4 BR, 2.5 bath).I am currently focusing on 1 applicant who makes ~100K in her current job for 25 years, excellent rental references for past 9 years but my rent is $800 more than her current rent and she already acknowledged that she is pay check to paycheck.
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2 March 2024 | 4 replies
I asked why and they said I did not give them WRITTEN notice (I will be honest, after reading the lease it does say written notice and I did not provide that).I talked to the manager and was nice, she would not budge.