5 Steps To Buying Mobile Home Investments In Detroit

Considering buying mobile home investments? Here are the steps to follow: Step 1. Why Mobile Homes Before buying mobile homes in Detroit, Michigan, ask yourself: what is my goal with mobile home investments? Will I be reselling the mobile home after my purchase? Am I looking to renovate this mobile home? Am I looking for … Continued

5 Ways To Buy A House With Bad Credit in Detroit

Your credit score is a very important number; it represents how you handle money. The higher your credit score, the more likely you are to make your payments on time and the more likely lenders are to approve you for loans. An Excellent Credit score is over 720; a good credit score is between 620 … Continued

5 Things You Should Know About Buying Foreclosures in Detroit

Are you in the market to buy low priced distressed properties? There are some things you should know about buying foreclosures in Detroit. Kinds of Foreclosures First of all, it is important to understand that foreclosure is a process. The first step is called pre-foreclosure. This means that the property is in default and the … Continued

5 Signs of A Great Investment Property In Detroit

You have your legal and financial ducks in a row to invest capital in property, but what should you buy? You also need to assess what type of owner you plan to be. Will this be your new residence? Will you purchase, renovate and flip it? Or are you planning to be a landlord? There … Continued

5 Steps To Buying Commercial Property Investments In Detroit

Considering buying commercial property in Detroit? Here are the basic steps: Step 1. Why Commercial Property Before buying commercial properties in Detroit, Michigan, ask yourself: what is my goal with the property? Will I be renovating and reselling the property? Will I hold the property long term and collect commercial rental income? These answers will … Continued

5 Steps To Buying Rental Properties In Detroit

Considering buying rental properties in Detroit? Here are the basic steps: Step 1. Why Rental Properties Before buying rental properties in Detroit, Michigan, ask yourself: what is my goal with the property? Will I be renovating and reselling the property? Will I hold the property long term and collect rental income? Will I live in … Continued

How To Give Investment Real Estate As A Gift In Detroit

The gift of investment real estate is life-changing. It might be your son or daughter’s opportunity to retire early or build a great college fund for their own children. As of 2019, the IRS Gift and Estate Tax Exemption Amount states that any one person can gift another person up to $15,000 tax-free. Also, you … Continued

5 Steps To Buying Vacant Land In Detroit

Considering buying vacant land in Detroit? Here are the steps to follow: Step 1. Why Land Before buying vacant land in Detroit, Michigan, ask yourself: what is my goal with land? Will I be reselling the land after my purchase? Am I looking to build on this land? If so, what am I going to … Continued