Detroit Colonials vs Detroit Bungalows – which is better?

Detroit – How do you make sure you’re buying in the right areas?

Like any big city in the world, Detroit has good and less desirable areas. That is why just blindly buying any Detroit property as a long term investment is a mistake. Instead you want to work with people who know what areas are poised for a long term recovery in Detroit as we do. The internet cannot help you, Google Maps cannot help you, Realtor.com cannot help you. They just lump all properties together. Instead our investors need to understand three things when they start building their rental portfolio:

1. When you buy in the right areas — your properties will always be in high demand – even if a tenant leaves it will be immediately rented out.

2. Buy in the right area and your tenants will live there for a very very long time. Why would they want to leave?

3. Don’t try to guess what is the right or wrong area in Detroit. Instead work with USA Property Investor who can guide you to the right areas and right properties in the best neighborhoods. This way you will avoid making costly mistakes.

How to Invest in Detroit property with minimum risk?

Watch our 2nd video in the series on Detroit Investments. Listen to Mark and Derrick talking about how to invest in this market with minimum risk by using an established company such as ours at usapropertyinvestor.com

Keep it simple – The USA Property Investor way

UPI’s Simple 7 Step Purchase Process:

1. Finding the right property for you:
At any one time we have a selection of properties available for purchase. Because most sell quickly we often work with buyers to identify their strategy and source properties uniquely for them. This might be single family homes, multi units of 2, 3, 4 apartments, or even commercial properties.

2. Contracts & Documentation
We realise that a property transaction can be a tiresome process for a lot of people. We manage the whole process from start to finish.
As with all property transactions there is a lot of paperwork to complete. In preparation to completion, which normally takes around 4-6 weeks we will prepare everything for you and guide you through ensuring a smooth purchase.

3. Mortgages & Finance
We can provide, in most cases suitable finance sometimes as high as 70% LTV. We will guide you through your options and help you make the best decision on whether to finance or not. Every property is different.
We will sort the mortgage package out for you.

4. US Bank Account
We will guide you through the every changing banking sector and make sure you setup the correct bank account suited to your needs.

5. ITIN (International Tax ID)
A US legal requirement states that every overseas property owner that receives rental profit must obtain a US Tax ID. We can put you in touch with the right person able to obtain your ITIN for you, easily and without hassle.

6. Property Management
Our property Management partners are considered the best in the area and specialise in overseas investors. After completion they will take over the day to day management of your new property. Unlike any other management company, they understand the importance of communication through email and are proactive rather than reactive to problems.

7. After Sales Support
We don’t go away once you’ve completed. We’re here to help anytime you need us.

Detroit Investment – A Unique Opportunity

Meet our Detroit partners Mark and Derrick. Listen to them talk about all things property and why the Detroit property market is one of the most profitable investment markets in the world. Follow our blog for a whole series of videos with Mark and Derrick.