Buying Metro Detroit rental properties to make money Pt 1When buying Metro Detroit rental properties one of the keys is to buy a property that will bring you a good return on your dollar. Of course appreciation is another factor too. So there are many factors you need to think about. On my blog tonight I am going to talk about the physical features that you need to consider. Exterior of the rental home - You want a relatively maintenance free home. Brick, aluminum, or vinyl are your best choices. You really do not want a lot of wood that you will have to paint every few years. Roof - Stay away from expensive slate roofs, or cedar shake roofs. Stick to the common roof style in your area. Sure a slate roof is cool, but the costs to repair may be beyond a budget of a rental home. How old is the roof? Re-doing a roof is costly. So you want to buy a Commerce Township rental home that has a roof that is less than ten years old. Bedrooms - Stick to a house with more than 2 bedrooms. Potential renters like a home with more than 2 bedrooms. If you buy a 2 bedroom house you limit the size of the family that can move in. Renters like space. A 3 or 4 bedroom home will rent for more money than a 2 bedroom home. When buying a rental you want basics like a garage and a basement. They are a plus and will usually bring you more rent money. So when buying Metro Detroit rental properties think about these physical characteristics. It will bring you more income in the years to come. If you have more questions about buying rental properties in the Metro Detroit area give me a call. I have had rental properties in several communities over the years. Search Metro Detroit foreclosures and homes get a foreclosure list mailed to you daily or weekly so you do not miss out on the deals West Bloomfield MI relocation info White Lake Township real estate MI Southeastern Michigan lake associations Oakland County MI lakes by size Oakland County MI Lakes & lake real estate Oakland County MI Lake information F - K http://www.detroitmichiganrealestatehomes.com/0058F5 Posted on Jan 12, 2012 @ 8:12 pm by russ.ravary - View Profile
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Briggs Lake homes for sale, Green Oak Twp MichiganCurrently there are 3 Briggs Lake homes for sale (Green Oak Twp, Michigan). On average these homes have been on the market for 224 days. Briggs Lakefront homes were mainly built between 1930's and the 1980's. Most of the lakefront homes are between the little 800 square foot ranchs to larger 2500 square foot colonials and bungalows. Briggs Lake homes are located on a 75 acre lake. Briggs Lake is located in Brighton Township Livingston County MI. It is south of Grand River Rd and east of US-23.
If you are looking at Briggs Lake waterfront homes, please give me a call or email me at yesmyrealtor@gmail.com Search for Southeastern Michigan homes Real Estate Videos: Union Lake wildlife & sunrise, West Bloomfield Michigan Lake Oakland, Oakland County Michigan School Lake front homes Brighton Michigan Tull Lake sunset White Lake Twp MI Woodland Lake homes Brighton MI Hammond Lake Oakland County MI http://www.detroitmichiganrealestatehomes.com/0058C4 Posted on Dec 02, 2011 @ 8:44 pm by russ.ravary - View Profile
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Plymouth Hills subdivision homes sold, Plymouth MichiganIn the past year 2 Plymouth Hills subdivision homes sold (Plymouth, Michigan). On average these homes were on the market for 40 days. Plymouth Hills subdivision homes range from ranch homes between 1600-2400 square feet, colonial homes between 2000-2400 square feet and split level homes between 2500-2850 square feet. The homes are mostly Colonial, ranch, and split level style homes. Most of the homes have brick exteriors & brick/vinyl & brick/wood exteriors, 2 & 3 car garages, 3-4 bedrooms, 1.5 & 2.5 + bathrooms, basements. Plymouth Hills has approximately 56 homes in it. The homes were built during the years of 1950 - 1964. Plymouth Hills subdivision is located between Powell and North Territorial Rd and between Ridge and Beck. If you are interested in any Beacons Meadows subdivision homes or any other Plymouth homes for sale, please give me a call or email me at yesmyrealtor@gmail.com Real Estate Videos: 365 things to do in Metro Detroit West Bloomfield home buyer tips - West Bloomfield real estate 4 tips for successful home negotiation Metro Detroit home negotiation Plymouth First time home buyer tips - home inspections Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0058BD Posted on Dec 02, 2011 @ 2:25 pm by russ.ravary - View Profile
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Can I still get a nice home for under $65,000 in the Metro Detroit area.Can I still get a nice home for under $65,000 in the Metro Detroit area. Sure can. You can still buy a nice home for under $65,000 in the Metro Detroit area. Depending on which city it is. No, you won't find a Northville, Plymouth, Novi, or Canton home for that price. But you can find homes in Westland, Garden City, Livonia, Wayne, Dearborn Heights, Southfield, Taylor, Redford, and Lincoln Park for that price. Depending on what city and where at sometime you can find a very nice home for that price. So if you have a limited budget you can still find nice homes in Wayne, Oakland, and Macomb counties. In fact currently there are over 917 houses under $65,000 in just these cities. If you are looking at Metro Detroit homes, please give me a call or email me at yesmyrealtor@gmail.com Search for Metro Detroit homes Metro Detroit home information Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0058B5 Posted on Dec 02, 2011 @ 8:25 am by russ.ravary - View Profile
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Windridge subdivision homes sold, Novi MichiganIn the past year 4 Windridge subdivision homes sold (Novi, Michigan). On average these homes were on the market for 27 days. The Windridge subdivision homes range from 2900-3700 square feet. The homes are mostly Colonial and Cape Cod style. Most of the homes have brick exteriors, 2 & 3 car garages, 3-4 bedrooms, 2 + bathrooms, basements. Windridge Place has approximately 45 homes in it. The homes were built during the years of 1997 -1998. Windridge is located between 9 and 10 mile roads and between Taft and Beck Roads. If you are interested in any Windridge subdivision homes or any other Novi homes for sale, please give me a call or email me at yesmyrealtor@gmail.com Real Estate Videos: Pontiac Lake sunset, White Lake Michigan Moving to Michigan Garden City real estate West Bloomfield Condos - Condo buyer tips Green Lake West Bloomfield Michigan Walled Lake Lakefront Real estate, Novi real estate Michigan Lake Info:
http://www.detroitmichiganrealestatehomes.com/0058BC Posted on Dec 01, 2011 @ 6:19 pm by russ.ravary - View Profile
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