Category Archives: Metro-Detroit Real Estate

Metro-Detroit Michigan Real Estate Investment Property Discussion.

Using Social Media for Real Estate Investing

Social media is the big buzz word these days, the place to be or be out of business if you believe the hype. Reminds me of the internet craze of the second half of the ’90′s. So called experts were predicting then that brick & mortar stores would be put out of business by Amazon.com, [...]
Posted in Metro-Detroit Real Estate | Tagged , , | 1 Comment

How to Build a Wholesale List

Ever wonder how people wholesale properties without really ever owning them? Or selling properties before they close on them? Wouldn’t it be great to have a list of hundreds or thousands of prospects looking for exactly what you have to sell? The “secret” is to develop a list of buyers interested in what you have [...]
Posted in Metro-Detroit Real Estate | Tagged , , , | 1 Comment

Investors – Take Advantage of the Tax Credit Extension!

The new tax credit extension is a great opportunity for real estate investors because land contracts are eligible (as always), and because now people that have recently owned a home are also eligible. Why is this important? Because it allows homebuyers & real estate investors a potential “back door” for doing zero down transactions! Let’s [...]
Posted in Metro-Detroit Real Estate | Leave a comment

Profiting from Short Sales as an Investor

Short sales are all the rage right now and only expected to get better going forward. The Obama administration recently announced their intent to try to streamline the short sale process, in response to numerous consumer and industry professionals complaints. Why don’t banks want to do short sales when they recover more than through foreclosures [...]
Posted in Metro-Detroit Real Estate | Leave a comment

Thinking of Investing in a Condo? Be Careful!

I got a call last week from an investor all excited about the great deal he’d found. I’m going to be deliberately vague on some of the particulars that aren’t really important, to keep readers focused on those that are. I started asking the investor questions to find out what his exit strategy was, expected [...]
Posted in Metro-Detroit Real Estate | Leave a comment