Costs of Holding Onto An Inherited House in Detroit

So, you have inherited a house, while this may sound exciting, the reality is less than a pleasure. The truth, however, is that you have inherited expenses along with the house. Well-intentioned loved ones all too often leave their property in their will to beneficiaries that are already struggling to afford their monthly bills. Often, … Continued

How to Determine the Value of Your Land in Detroit

Land can be a valuable asset for an investment portfolio yet is one of the most underutilized investment vehicles. The competition for bargains in raw land sales is not nearly so fierce as in the Detroit housing market, and these bargains are waiting for you!  While investors can flip land, typically, investors in the land … Continued

5 Deductions Detroit Real Estate Investors Need to Know About in 2021

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

Costs to Expect With an FSBO Listing in Detroit

While selling your house on your own will save you in real estate commissions, much of the costs you will absorb, such as marketing, are included in the commission. These savings come at a high price for most sellers, and we’ll discuss the costs you can expect with an FSBO listing in Detroit.  Screening Calls … Continued