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Category: Detroit

Michigan: The Next Booming Rental Market

The Financial Times recently reported that the “U.S. is building toward a pension crisis,” noting that nearly 50% of working-age households have no retirement savings at all. Experts from Grant Cardone to Tony Robbins, and from Forbes to the Wall Street Journal, have called your 401(k) retirement account a scam. But, YOU HAVE OPTIONS. Instead

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The Agrihood: Revitalizing Detroit

The ‘garden in the city’ is not a mere trend, and more than a mechanism for city dwellers to make meals with local products (like they do in ‘the country’); urban agriculture is a proven strategy for community building and business development, with great potential for profit — and Detroit is leading the way. The Michigan

Top 5 Reasons US News is Wrong on Detroit

U.S. News & World Report‘s 2017 ‘100 Best Places to Live in the USA’ rankings are out, and Detroit ranks 89th. Not bad, right? Wrong. This doesn’t mean Detroit is the 89th best place to live in the whole United States, it means Detroit is one spot off the top 10 WORST places to live

Why Higher Detroit Home Values Mean: Invest Now

Buy low, sell high: it’s the number-one rule of smart investing. But we set our own trends in Detroit — and we argue that NOW is the time to buy cash flow real estate here. Home values grew faster in Detroit than any other U.S. city between 2010 and 2015, outpacing the national average by

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October 9, 2019 by Peter Corrado

Lifelong Detroiter and Entrepreneur Al Beahn on Why Amazon Belongs in Detroit

When Detroit was dark, I was there. When the City declared bankruptcy, I was there. I was born and raised in Macomb, a suburb of the D, and I’d been witnessing the decline firsthand for years… And then came Mike Duggan. He mounted a write-in campaign, and won, on the slogan “Every neighborhood has a

The Top 9 Takeaways from Detroit’s State of the Region Report

The Detroit Regional Chamber has released its fourth-annual State of the Region report, which provides an economic, educational, social and civic overview of the 11-county region, along with comparisons against peer and national benchmarks. “This past year was a year of tremendous growth. The renaissance in Detroit — and the region — is private sector led, technology focused

2017: A Real Estate Year In Review

To close out 2017, we took a look back at all our most viewed and shared custom research (blog) content, as well as the most noteworthy news items on the site, and compiled our list of the Top 10 Real Estate Highlights of 2017. As a bonus, we also revealed our top three most popular

The 2018 Real Estate Forecast: What the Experts are Saying

In 2017, we had our most successful year yet, facilitating millions of dollars in investments in Detroit cash flow rental properties. We’ve never been more bullish on our City. (Realtor.com, CNBC, Business Insider, HomeUnion, TheStreet, Mashvisor and FORBES have all recently listed The D as one of the 10 best cities for real estate investing.)

Is Detroit a Real Estate Investment Hub?

According to the Forbes Real Estate Council, yes, Detroit is an American hub for real estate investing. On October 26, 10 members of the Council “shared[d] their insider secrets” on “unconventional signs that a region or city is about to become a great place to invest in real estate” — and all signs point to The

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1031 Exchange and What it Means For Real Estate Investing

What is Section 1031? Whenever you have a gain on the sale of a real estate investment property, you generally have to pay tax on the gain at the time of the sale. However, IRC Section 1031 provides an exemption and allows you to postpone paying tax on the gain if you reinvest the proceeds