Are you considering investing in a duplex in Detroit? New investors can either earn two income streams or house hack, living on one side. At the same time, the tenant pays off the mortgage and the expenses for the entire property and may qualify to receive additional tax benefits. However, for the investment to come … Continued
Building your portfolio of real estate investments is a way to build wealth with tangible assets that provide a passive flow of rental income that will carry you through your golden years in style while realizing several tax benefits. Managing your real estate investment portfolio is your business; treating it as such is the surest … Continued
When carefully executed, when you buy and hold property, it can be a great way to build your portfolio and build wealth as the value of your holdings increases over time and create a monthly cash flow. Passive income earned through your real estate investments allows you the financial freedom to do what you want … Continued
Are you searching for a good investment? Experienced real estate investors know the tell-tale signs of a rental property that will provide the best possible return on their investment dollar for their short-term cash flow and long-term passive income. So why not turn to the experts who follow a recipe for success? We’ve gathered the key … Continued
Having passive income through a real estate portfolio allows owners to build wealth and thoroughly enjoy living life on their terms during the golden years of retirement. Usually, the single-family home rental scenario comes to mind when you imagine a real estate investor’s portfolio holdings. However, real estate has much more to offer. There is … Continued
In the ever changing digital world, remote work, school and online car shopping are becoming the norm. Even the process of buying real estate has been revolutionized, easing the process of purchasing property from long distances. So whether you are relocating to be near a new job or moving to be closer to family members … Continued
Are thinking about buying real estate in Detroit? Whether you are purchasing your first house or investing in property to help build your portfolio, real estate is an investment with the potential to provide a secure retirement through passive income. First, however, you must educate yourself, follow a successful system and take a long-term approach … Continued
Do you stay awake at night worrying about how you will afford your retirement years? Creating passive income will bring you worry-free nights about your future. The goal of investing in Detroit real estate is twofold, creating long-term passive income for your retirement and increasing your current monthly income stream. If you are interested in … Continued
Flipping houses in Detroit is an excellent opportunity to turn a distressed property into profit and attracts many new real estate investors seeking fast cash. Much too often, inexperienced investors watch TV shows and the process appears to be much easier than the harsh reality. Just remember it is never a bad idea to get … Continued
Competing against other investment buyers in the Detroit real estate investment market can be very hard. When the seller reviews all of their offers, yours must stand out in all the right ways to be the winning offer. We’ve put together some ways for you to compete with other investment buyers in Detroit. Taking Too … Continued
Patience may be the most valuable asset to bring to the negotiating table when buying investment property. Getting the best returns on your investments helps to build wealth more quickly and increases the potential for your passive income during retirement. Newcomers to real estate investment may find themselves caught up in the excitement of getting … Continued
What is wholesaling in real estate? Wholesalers approach homeowners with homes that are typically in a state of disrepair. These owners may want to sell but realize they cannot afford or are physically unable to do the work required to go through the listing process and compete on the Detroit MLS. Once the wholesaler contracts … Continued
Write it off! The tax deductions available in the real estate market are a desirable aspect of being a landlord. Successful investors take full advantage of these deductions to attain the best return on each investment dollar. Detroit real estate investors need to know these deductions and make property management decisions based on these tax … Continued
Developing a good partnership when you are buying Detroit real estate is well worth the effort. Sharing a task by individual strengths can increase the potential for all involved. You must be willing to handle the truth because one of the most important aspects of a solid partner is absolute honesty. For a partnership to … Continued
Often, friends decide to combine funds for more investing power in real estate. More hands make a task more manageable, especially when putting money towards investments. With the added buying power, you can invest in a better property and more superior area, adding additional value through the long-term equity this helps to build. But first, … Continued