Buy Homes In Detroit | Detroit Real Estate

Learn Ninja Tax Tips Live from our Rockstar CPA – Tuesday May 14th at 8pm EST!

Matt Stookey — Mon, 13 May 2013 14:54:37 +0000

Learn Ninja Tax Tips Live from our Rockstar CPA – Tuesday May 14th at 8pm EST!

Hey there Savvy Real Estate Investors….

I locked down my CPA for an hour of his time next Tuesday, May 14th at 8pm EST (5pm PST) so that he can share with you some of the hottest Tax Savings strategies that his clients (like me) are implementing to save thousands and thousands on their taxes every year.

Here are the major Topics Mark will be discussing:

Which entity is best for my real estate business?
LLC vs. S-Corp
Top 5 tax deduction strategies for RE Investors you may have missed just last month!
And much more incredible knowledge!

You can’t afford to miss this FREE webinar which will help shape your financial future! Go register today so you can be better prepared for 2013 and many years to come.

Detroit is coming back Strong – Are you Ready?

Matt Stookey — Wed, 08 May 2013 12:54:06 +0000

Take advantage of low real estate prices while they are still around…

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. Detroit is coming back Strong – Are you Ready?

What did you think of the video….leave your comments in the section below.

If you are interested in learning more about investing in Detroit, be sure to email our CEO: Ryan@InTheNowInvestments.com and let’s discuss how we can assist YOU with building your real estate portfolio and creating generational wealth for you and your family.

Be sure to check out our Detroit Turnkey Deal of the Week!

Ryan and In The Now Investments have been in the Detroit area for about 5 years now and has completed over 400+ deals in that time. If you ever have any questions about Detroit Real Estate Investing, don’t hesitate to contact us at any time. Happy Investing folks!

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Inventory levels are dropping and Median Sales Price of Detroit Homes has Risen over 43%!!!

Matt Stookey — Mon, 22 Apr 2013 15:37:07 +0000

Take advantage of today's pricing in Detroit before it jumps up tomorrow...

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. Inventory levels are dropping and Median Sales Price of Detroit Homes has Risen over 43%!

Metro Detroit home prices continue their recovery trend

This is huge! If you haven't been paying any attention to the Detroit real estate market, you might not know what is really going on there. Properties are being purchased left and right and inventory levels are dropping on a monthly basis. The median sales price has jumped over $14,000 from what is was last year....that is insane!

Are you taking advantage of the low prices that Detroit Investment Properties are offering? As you can see above, this crazy buyers market is not going to last forever. When you see inventory slimming down and prices going up, that means that the market is starting to recover and will eventually turn back into a sellers market!

Don't wait until prices are too high for good cashflow and ROI. Take advantage of prices today 25-35k and purchase already rehabbed/tenanted properties with leases and property management in place. Some of our properties sold in 2006 for over 3 times what we are asking today and they are in better shape today than they were 7 years ago!

Here is the biggest point I am trying to make to you today. Take Massive Action and do not wait until it's too late to make good money with Detroit real estate. We all know that markets recover and markets crash so it's all about timing. It's the right time to buy so start today and you'll be happy 5 years from now when you have a nice portfolio of high ROI investment properties putting money into your pocket each and every month. It's like having your own personal ATM Machine!!!

Be sure to check out our Detroit Turnkey Deal of the Week!

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Detroit listed as one of the 15 Best Emerging Downtown’s in America!

Matt Stookey — Wed, 10 Apr 2013 13:00:25 +0000

Things are starting to happen in Detroit…don’t miss out on the great buyers market that won’t be around forever…

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes in Detroit Blog. Detroit listed as one of the 15 Best Emerging Downtown’s in America!

See Detroit listed as one of the 15 Best Emerging Downtown’s in the U.S.

You read that right…Detroit is emerging to become a great downtown environment and many folks from all over the world are taking notice. There have been multiple stimulus programs to entice people and businesses alike to move to the downtown area of Detroit and open up shop!

Investors from all over the world have been parking their money into Detroit real estate and it’s more prevalent than ever today. The amount of cashflow and high ROI that Detroit Investment Property provides you is too hard to resist! Many millionaires and even billionaires will be created from this opportunity that is Detroit real estate!

With that being said, there is still time to take advantage of the low prices that Detroit real estate has to offer. Don’t wait until the last minute and prices have already risen….take advantage today and earn a 15-20% NET ROI on your money. Where else in the country can you do that on an all cash investment?

Keep an eye out for Detroit in the next 5 years…you will be surprised at the comeback that is about to ensue…

Be sure to check out our Detroit Turnkey Deal of the Week!

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Does Dan Gilbert know something about Detroit Real Estate that the masses Do NOT?

Matt Stookey — Wed, 27 Mar 2013 14:59:51 +0000

If you haven’t picked up on it yet, Detroit real estate is starting to pick up the pace…don’t miss out on this short window of opportunity!

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. Does Dan Gilbert know something about Detroit Real Estate that the masses Do NOT?

Gilbert makes it 17 with purchase of Vinton Building

That’s right, Dan Gilbert (Founder of Quicken Loans and Owner of the Cleveland Cavaliers) is at it again and has purchased his 17th Large Building in Downtown Detroit! What is it that Dan sees that a lot of us don’t?

Dan sees a huge opportunity to take advantage of bottom level pricing in a market that is poised to only go up in value! This is why we have been investing in the Detroit real estate market for over 7 years now. We see the HUGE opportunity that is Detroit Real Estate! With the low prices and high rents, it’s a cashflow investor’s dream to own rental property in Detroit.

If you have been paying any attention to Detroit real estate prices and how quickly the inventory is moving, you’ll notice that over the past year the overall inventory in Detroit has been decreasing while the median sales price is increasing. To the savvy investor, this means that the market is starting to improve and you better start picking up investment properties before the opportunity slips away.

Be sure to check out our Detroit Turnkey Deal of the Week!

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Did you see our latest Detroit Turnkey Investment Property of the Week?

Matt Stookey — Fri, 15 Mar 2013 13:21:03 +0000

Looking for great deals in Detroit…check out our passive income deals today…

Hey there Detroit Real Estate Investor and welcome back to the Buy Homes In Detroit blog. Did you see our latest Detroit Turnkey Investment Property of the Week?

Here ya go…check out our Detroit Turnkey Deal of the Week right here!

If you have been to our site before, you’ll notice that we like to offer a deal of the week each and every week throughout the year. This allows us to offer our readers/followers a great opportunity to pick up Detroit properties that are already rehabbed, tenanted with leases and property management in place.

These deals are considered turnkey which allows someone who lives out of state and even out of the country to start cashflowing from day 1 and experience 15-20% NET returns on their money while leaving all of the “landlord” responsibilities up to the management company. Just sit back and collect checks!

If you are thinking about investing in Detroit real estate or looking to add even more great Detroit cashflow deals to your portfolio…contact us today: Ryan@InTheNowInvestments.com as we’ve been in the Detroit market for over 6 years and have completed well over 400 deals in that time. We have the experience and local knowledge that will allow you to keep your investment cashflowing high and peace of mind that you are buying in the right areas!

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Unsure about your Retirement – Add CashFlowing Detroit Properties to your Portfolio Today!

Matt Stookey — Thu, 07 Mar 2013 14:41:41 +0000

Take control of your retirement today! Regardless of what you’ve heard, it’s YOUR Money…

What’s new Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. Unsure about your Retirement – Add CashFlowing Detroit Properties to your Portfolio Today!

This is quite the dilemma in today’s economy: You got to school, you get a J.O.B. (Just Over Broke) and you work for 40+ years in hopes that you can Retire around age 60. How is this plan working out for you? You see, many folks go through this same exact model during their lifetime. Some have a good job and end up retiring around 55-60 and have a decent amount in their retirement plan. But…many others work like crazy and have nothing to show for it at the end of their career.

Here are some quick tips regarding your retirement and what YOU can do to ensure you never have to go to work again:

Start investing in real estate TODAY! Not tomorrow or next week! Start building up your wealth portfolio while we are still in a buyers market. If you are worried about your retirement, start leveraging your retirement plan to invest in buy and hold real estate. Get educated and start driving your own vehicle (retirement plan) instead of letting somebody else drive it who makes commission on your money whether you make money or not.

Buying real estate allows you to create your own retirement. You don’t have to rely on stocks to keep you retired as you’re building up your wealth portfolio with assets that are performing and cashflowing for you each and every month. The best part about real estate is that is always appreciates over time and can cashflow massively for you in the meantime.

Most likely you are earning anywhere between 2-5% in your retirement plan today. How is that working out for you? What is you could take those same funds (that are yours) and invest it into high ROI real estate? You can earn anywhere between 10-20%+ NET ROI on your money when you buy right and take massive action. Don’t wait until you are too old to enjoy life to leverage your retirement plan and invest in real estate during this buyers market.

These are just a few ways that you can start looking at retirement funds differently and not rely on stock brokers to make your decision with your money!

If you are interested in learning more about leveraging your retirement account to invest in high ROI real estate deals in Detroit, be sure to check out our Detroit Turnkey Deal of the Week and email: Ryan@InTheNowInvestments.com

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When Buying Real Estate in Detroit, Know the Property Taxes before you Purchase!

Matt Stookey — Thu, 28 Feb 2013 15:31:34 +0000

Always ask what the property taxes are and confirm them before you purchase real estate in Detroit or anywhere for that matter…

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. When Buying Real Estate in Detroit, Know the Property Taxes before you Purchase!

Sounds pretty simple, right? Well, believe it or not, some folks forget about the property taxes when purchasing Detroit Investment Property. If you end up buying a great property with low price points and high rents but forget about the high taxes, your investment just became a dud!

Here are some fun facts about Detroit Property Taxes:

They are all over the place! There is really no pattern in Detroit as some houses are $1,200/year and others are $4,000+/year and they are in the same exact neighborhood and similar home styles.
You can actually get your property taxes re-assessed each year in February and many folks are seeing a 50% decrease in their overall annual property taxes. Remember, taxes play a huge role in determining your cashflow and ROI with an investment property so if you can decrease your taxes by half or more, this is going to increase your cashflow/ROI dramatically!
Always purchase on a warranty deed. There are so many properties in Detroit that have thousands of back taxes owed on the property and many folks are selling these deals super cheap on a quit-claim deed which means the end buyer will still be responsible for paying off those back taxes. Now, there are still great deals that can be had this way but you need to make sure that the back taxes are added on to your overall purchase price and that it still makes sense to you as an investment at that point

There are just a few fun facts about Detroit real estate taxes and what you need to watch out for when investing in property here. Don’t overlook the taxes as they play an integral role in your cashflow and ROI. If for some reason you purchased a property with very high taxes, be sure to get them re-assessed in February and try to get those taxes down to 50% of what they are now. Of course this service costs a few hundred dollars but it’s worth it when you take $3,000 in annual property taxes and turn it into $1,500 or less!! Your investment in getting the taxes re-assessed alone is returned 3-4x over in just the 1st year alone!

If you are looking to invest in your next Detroit Investment Property, be sure to check out our latest Turnkey Detroit Deal of the Week and email: Ryan@InTheNowInvestments.com and request to see our latest and greatest Detroit Investment Properties that you can add to your portfolio today!

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Building your Real Estate Wealth Portfolio: Leverage our Low-Priced Detroit Investment Properties!

Matt Stookey — Wed, 20 Feb 2013 14:09:20 +0000

check out these 3 factors to think about when building up your real estate portfolio…

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. Building your Real Estate Wealth Portfolio: Leverage our Low-Priced Detroit Investment Properties!

3 Things to Think about when Building your Real Estate Wealth Portfolio:

Owning a Debt-Free real estate portfolio does not suck at all! Think about it….owning all of your properties free and clear. All of your cashflow is coming back into your pocket after the monthly expenses but you don’t have to worry about another mortgage payment, etc. to pay out. Buying low-priced investment properties in Detroit allows you to buy with cash as these deals are typically $35,000 or less and your return is still 15-20%+ NET after all expenses.
Buying low priced investment properties allows you to increase your returns! This is a pretty simple concept to understand. Buying lower priced investment property that still has high rents will allow you to build up a real estate wealth portfolio full of high cashflowing/High ROI properties. This will help you achieve your wealth goals faster and get you out of the rat race if that is a goal of yours.
Property Management will either make or break you when building your real estate wealth portfolio (especially if you are buying in areas that you do not live). Keep this in mind when making an out of state purchase as the property manager can turn a great investment property into a horrible one if you choose the wrong one to work with. You really want to do your homework up front and make sure that this property manager takes the best care of your properties as they possibly can.

These are just a few items to keep in mind when you are building up your real estate wealth portfolio – no matter where you are buying! We obviously recommend checking out our lower priced investment property in Detroit due to all of the reasons mentioned above!

If you are interested in learning more about building up your real estate wealth through Detroit Investment properties, be sure to check out our latest Turn-Key Deal of the Week and feel free to reach out to us: Ryan@InTheNowInvestments.com and we can set up a strategy call to discuss your real estate investment goals and how we can assist you with building wealth through long-term rental property purchases.

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Low Prices and High Rents in Detroit are Responsible for Attracting many Foreign Investors!

Matt Stookey — Thu, 07 Feb 2013 19:51:00 +0000

Detroit is starting to make a name for itself all around the world as the best CashFlow Market!

Hey there Detroit Real Estate Investors and welcome back to the Buy Homes In Detroit blog. Low Prices and High Rents in Detroit are Responsible for Attracting many Foreign Investors!

Bargain Homes Lure Buyers Worldwide to Detroit!!

If you are currently in the Detroit real estate market, you know exactly what I’m talking about. Buyers from all over the world are wising up to the opportunity that is Detroit Real Estate!

Just in the past few years, we have noticed a huge spike in international investors coming into the Detroit market and buying up tons of houses.

Some of the major Country’s that are jumping all over Detroit Real Estate are:

China
Australia
UK
Canada
Belguim

Those are just a few of the Country’s where buyers are starting to wake up and see the window of opportunity right here in Detroit. We’ve been personally dealing with many of these folks and assisting them with their Detroit Investing needs.

If you are an international investor and need help with your Detroit Investing needs, feel free to reach out to us at any time. Meanwhile, if you are a wholesaler/inventory supplier in the Detroit market, also reach out to us ASAP as we are in NEED of many more great Detroit properties to continue supplying our International buyers. We are in need of 50+ brick properties each month (bungalows, colonials, etc.) with high ROI and currently tenanted or at least in move-in condition.

This is a great opportunity for us to collaborate and assist each other in moving more Detroit properties and assisting these hungry foreign investors with as much quality inventory that they desire here in Detroit. This amazing buyers market is only going to last another year or 2 in Detroit…don’t miss out!

If you are interested in learning more about our Detroit Investment Properties that we have available, be sure to check out our Turnkey Detroit Deal of the Week!

If you are interested in learning more about how you can work with us to supply our buyers with great inventory on a consistent basis, please email: Ryan@InTheNowInvestments.com and we will contact you asap!

**I hope we have provided value for you through this post. Please click the “Like” button on the sidebar here to share it with others and stay tuned for our next value-packed blog!