Ford's New Tech Campus: What Detroit Investors Should Know
Wednesday, September 18
If you're in the real estate industry, you know that significant developments can redefine neighborhoods and cities. One of the most exciting initiatives currently unfolding in Detroit is Ford Motor Company's ambitious renovation of the historic Michigan Central Station into a state-of-the-art t...
True Story: Eviction from an MFR in Detroit
Wednesday, September 11
Let us tell you a story: It’s October 2023, and we get a call from a new client who’s on the edge with his multi-family rental property in Detroit. The place had been under the so-called care of another property management company, but they were about as useful as a chocolate teapot. So on Octo...
Ford's Tech Campus: A New Era for Detroit
Wednesday, August 28
Ford Motor Company's ambitious project to revitalize the Michigan Central Station is set to change the landscape of Detroit. Once an emblem of decline, this historic site has been transformed into a cutting-edge technology campus after nearly three decades of abandonment. This $1 billion inve...
2024 Detroit Home Prices: Surpassing the National Norm
Tuesday, August 20
Source: Scott Webb on UnsplashThe Motor City is experiencing a resurgence, and with it comes a notable uptick in home prices. In fact, it’s now on the leaderboard as one of the fastest-appreciating markets in all of America. As stakeholders in the Detroit real estate scene, landlords must stay in...
Monthly Mortgage Payments vs Rent Trends in the US Since 2000
Thursday, August 08
Since the year 2000, both renting and purchasing a home in the US have become more expensive, but their rates of increase have diverged significantly. Mortgage payments have experienced significant fluctuations due to economic events like the Dotcom bubble burst, the financial crisis of 2007-8, ...
Rental Bubble Bursting? What Landlords Should Do to Combat Falling Ren
Tuesday, July 30
Source: Erik Mclean on Unslpash You might have caught wind of Redfin's latest report, titled, "The tide turns for renters," which noted a 2.1% drop in US median asking rent from last year. It's the biggest dip since February 2020, primarily fueled by the remote work boom and housing supply short...