Author: Steve

How to find good investment property in Metro Detroit

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Lots of investors are looking to get started, and as active real estate experts in Metro Detroit Michigan, we get asked to share our secrets quite a bit. Fortunately, we love to share 🙂 One of the biggest questions we get from local investors is ” How to find a good investment property in Metro Detroit Michigan?” … Continued

Real estate investing Resources in Metro Detroit

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So you wanna get started investing in Metro Detroit and you’re checking things out, eh? Good for you. Always do your homework and you won’t get schooled. Here’s some great tools that we’ve found and we use from time to time and great real estate investing resources in Metro Detroit for investors here locally to … Continued

How to find foreclosures in Metro Detroit Michigan

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There’s a lot of competition to find great deals on local Metro Detroit Michigan foreclosure properties. Finding them is only one part of the process – you also need to know how to capture them. Here are a few secrets from the pros that we’ve used with great success on how to find great foreclosure deals in … Continued

Investment Property Tax Deductions List for Metro Detroit

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Uncle Sam gives, and Uncle Sam takes away. But in the case of buying local Metro Detroit investment properties… you can earn investment property tax deductions for your Metro Detroit properties. For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties… and holding those properties as investments, and of … Continued

Tips on Buying Real Estate with your IRA in Metro Detroit – House Full of Cash, LLC

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While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Metro Detroit real estate within your IRA. So, let’s dive … Continued

4 Things You Need to Know About Flipping Houses in Metro Detroit

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Residential real estate investors benefit from the appreciation in value that continually builds equity, increasing their wealth over the years while benefitting from the monthly cash flow of rent collections. In addition, well-diversified portfolios protect against a downturn in any one sector of the market and also build a hedge against inflation, as rental rates … Continued

Pros and Cons of Owning a Vacation Rental in Metro Detroit

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There are always two sides to every story, especially when it comes to purchasing vacation rentals for use as an income vehicle. Consider these pros and cons of owning a vacation rental in Metro Detroit to see the bigger picture and make the right decision for your investment portfolio.  While each situation is unique and … Continued

How To Know What To Charge Your Tenants in Metro Detroit

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While it’s extremely important, it can be difficult to zero in on the right rate to charge your tenants. While it’s important to understand and cover all of your expenses, you could lose income potential by underpricing your rental. Likewise, setting the rent too far above the current market average can leave you with an … Continued
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