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How to Sell an Off-Market Property Listing in Detroit
A traditional property listing isn’t the only way to sell your house in Detroit. As the population pushes away from larger cities, along with a pool of skimming over the rental phase typically experienced in earlier adulthood, opting for the benefits of more permanent housing with recreational amenities and a more home-based lifestyle driving the … Continued
How to Sell Your House in Detroit in 4 Simple Steps
Are you ready to sell your house right now? Listing with a real estate agent who places the house on the MLS is not always the best answer to sell your Detroit house. Often burdened with hurdles that prevent them from moving forward with the traditional listing process, homeowners must seek other options to sell … Continued
How to Set Up a Rent to Own Agreement That Will Help You Sell Your Detroit House for the Highest Price Possible
Have you ever considered using a rent to own agreement to sell your house in Detroit? The real estate market is in a period of transition as more people are working from home, and homeschooling is on the rise. Many would-be buyers are also transitioning their credit standing to prepare for homeownership in Detroit, as … Continued
5 Things You Should Know About Detroit FSBO Property Listings
FSBO property listings are one option for homeowners in Detroit. “Let’s sell it ourselves and save all of those real estate agent commission fees for ourselves!” Sounds great, right? When it comes to FSBO listings for sale by owner, going it alone isn’t always the right move. The process of selling a home is much … Continued
How to Sell Your Detroit House in a Hot Market
It’s no secret that it is a hot market right now in the real estate world. Low housing inventory and high demand should mean that your home would sell quickly. Homeowners are often left to wonder why their house just is not selling or even getting any showings when the Detroit real estate market is … Continued
5 Tips for Selling Your Multi-Family Property in Detroit
Unlike a private home, selling your multi-family property involves several people, depending on the number of units. Sellers must put a great deal of consideration into the transaction to ensure they aren’t crossing any legal lines regarding the laws, rules, and regulations of Detroit by which multi-family property owners must abide. Failure to do so … Continued
Buying a Rental Property in Metro Detroit?
How to Choose Between Single-family and Multi-family Investment Properties The big difference between single-family investments and multi-family investments in and around Metro Detroit is: The end goal. Once you understand how long you will hold your investment property, and what is the eventual exit strategy for it, choosing the right kind of property becomes easier. … Continued
4 Unconventional Ways to Sell Your House in Detroit
Do you need to sell your house in Detroit? When most people consider selling their home, they immediately picture calling a real estate agent and listing their home on the MLS. However, this is not always the most beneficial way for you to sell your home. There are many factors to consider, such as how … Continued
5 Reasons to Sell Your House As-Is in Detroit
Do you need to sell your house in Detroit? For homes that need updates, remodeling, or total rehabbing, standard real estate sales listings are not necessarily the best option to sell for a fair price. Some homeowners are not financially or physically able to carry out the necessary work to compete on the Detroit market. … Continued
Is This The Right Time to Fix and Flip in Metro Detroit?
Here’s one thing you should know about fixing and flipping properties in and around Detroit: It’s going to be a lot harder than you think There are a few tough realities investors just have to face right now: Very low inventory of properties that are flip-worthy HIGH prices due to inventory shortages Managing contractors is … Continued
How to Sell Your Detroit Portfolio to a Real Estate Investment Fund
Funds Are Equipped to Buy 1 or 100+ Properties Quickly Inflation is quickly going up and the cost of holding rental properties may be increasing. If you’re looking to sell or thinking about how to sell all of your rental properties, we have an excellent solution. We are currently working with a few mid-sized real … Continued
Does the 1% Rule Work When Selling Your Detroit Real Estate Investments?
The History and Rationale Behind Using the 1% Rule When Pricing Your Properties for Sale Many times when we receive properties or portfolios of properties for sale, we’ll get sales pricing that was set using the 1% Rule. The 1% Rule of thumb compares the amount of rent being received on a property to the … Continued
Need to Sell Your Entire Detroit Rental Property Portfolio? Consider Selling to A Fund
Here’s Why Selling Your Portfolio to a Real Estate Investment Fund Might Be Your Best Move So, you’ve created a performing rental property portfolio and you’re ready to sell it. This means you’ve got just a few options to sell: 1. Sell each property as-is with tenants inside 2. Remove the tenants and sell each … Continued
Detroit Overseas Investor Horror Story # 385
Last week, we came across what looked like a solid portfolio of properties:-All brick-All 3+ bedrooms-Solid neighborhoods-Most were occupied with tenants Seemed great, but once we started digging, the horror story began to fully unfold.The owner originally purchased these properties for way higher than the market price. That was the first mistake in the domino … Continued