5 Ways Holding Onto Vacant Land Is Costing You In Detroit

Vacant land can be a truly rewarding investment. Holding on to vacant land can also cost you; maybe right away, maybe in the long run. There are annual taxes and potentially property owner’s association fees to consider, not as many tax benefits, cash flow, and property maintenance issues, and market conditions to consider. Call We … Continued

5 Tips For Selling Your Vacant Land In Detroit

Selling your vacant land in Detroit may be more profitable and lucrative than just holding onto it, waiting for it to appreciate. While land doesn’t cost much to own, it may not gain value as quickly as you would like it to. In our latest post, we offer tips on how to sell your Detroit … 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

5 Signs You Are Living In The Wrong House In Detroit

Purchasing a house is a huge commitment. There are a lot of factors that go into the process of finding a new one. You’ve selected a house in Detroit with the must-haves and might have made some compromises, but how do you know you’ve made the right choice?  Buyers Remorse  When you pull into your … Continued

How To Determine The Value of Your Land In Detroit

When you are ready to sell in Detroit, Michigan, how do you determine the value of your land? Use These Three Methods The traditional real estate appraisal process has three common approaches. The first approach is called the Income approach. The appraiser will look at the market rent for other comparable properties to get a … Continued