Detroit ticks all the right boxes for our investors

We had a fantastic number of new clients joining our Detroit program over the last two months in what is traditionally the quietest time of the year!

Not so surprising really when you look at our 5 key points:
• Can we buy below current market value?
• Is their evidence for prices to rise over the next 5 years?
• Can the local market afford to buy and rent here?
• What rental yields can I get now? And if prices rise?
• What lending is available to us, and to other investors/home owners?

Detroit for us has always answered all these questions and ticked all the right boxes.

Why is our product market leading?
1. We believe we are the only company offering finance – at 3.95% interest fixed over 10 years!
2. We have secured our properties at 15% below other UK property companies, giving an excellent discount to investors!

Low prices. 3 & 4 bedroom, fully refurbished houses from $36,000 – often 50% and more under market value.

High demand for rental property. Currently there are over 9,000 families on a waiting list for good rental property. The government is desperate for housing from private investment, and we can rent these for $800 a month.

GUARANTEED rents. We focus on tenants on the HUD scheme (Housing and Urban Development.) The government will pay the rents directly to you every month.

Here is a typical Example…

This is a stunning property in a very desirable area of Detroit. A three bedroom, two bath colonial property with over 1600 sq ft. The property is about to begin refurbishment in preparation for rental and resale. A house like this 5 years ago would have sold over $150,000. The property will be sold turn-key, refurbished, tenanted and professionally managed. (already under offer)

The Figures

Cash Purchase
Purchase Price: – $36,000 (£23,500) inc. all purchase and refurbishment costs

Potential Ongoing Cash-flow per month
Rental Income: – $850
Management: – $85
Insurance: – $55
Property taxes – $215
Profit: – $495

The Figures (on a mortgaged deal)

50% LTV Purchase
Purchase Price: – $40,000 (£26,000)
Mortgage 50% – $20,000
Deposit – $20,000 (£12,900)

Potential Ongoing Cash-flow per month
Rental Income: – $850
*Mortgage: – $202.02
Management: – $85
Insurance: – $55
Property taxes – $215
Profit: – $293
*Mortgage based on 10 year fixed rate capital repayment @3.95%

Interested? Give us a call or drop us an email, detroit@usapropertyinvestor.co.uk

Following The Recession, UPI Creates Unique Investment Opportunities For Its Clients.

Detroit’s recession has hit hard in recent times but is now beginning to find its feet again. UPI is leading the way, helping savvy investors apply their investment knowledge in bringing families together who have lost everything and helping them reclaim home life whilst producing fantastic property investments.

In Detroit, the recession struck particularly hard and escalating unemployment along with business closure has meant that many people who lost their jobs were simply unable to find another. The severity of the recession has left an unprecedented number of people finding themselves without the security of a job and a roof over their head.

As things begin to turn a corner, however, what was looking like a dire situation is now one that is offering a great deal of opportunity for those who want to purchase a property in Detroit at this time. Both investors and those now back in employment can look forward to a brighter future as people return to steady jobs and begin looking for somewhere to live and settle with their family.

UPI is assisting investors able to purchase and restore properties in a much needed area. In a region where there is a shortage of over 30,000 rental properties, UPI is now providing this service for its investors.

This real estate organisation is providing a service for investors by taking over the sourcing of quality properties. Those who invest with UPI finance the property deals and are able to gain returns without having to take responsibility for the restoration and management of the rental property. This is a win-win situation in which there is a net increase in the number of rental homes, providing much needed accommodation; plus investors can feel confident that they have secured in-demand, rental property in a location which has strong projections for future appreciation in property values.

This overwhelming demand for rental property means this is the perfect time for investors to enter the Detroit market. Investing here will give the city a much needed boost and will increase positive cash flow for the investor and a faster rate of capital appreciation.

When discussing how this investment system would play a part in rejuvenating Detroit, UPI owner Ollie Booth described what the boom in Detroit property means at this time. ‘Right now the city is changing and this means really great opportunities for investors who are ready to take advantage of that outstanding opportunity’.

Ensuring investors capitalize on this market, ensuring they maximize their cash flow whilst helping the growth of the city.

Detroit House Prices Are Rising

Is Detroit To Be The Fastest Recovering Economy Ever Seen?

The City of Detroit has been one of the worst economic cities hit by the recent recession in the United States. Back in the early years when the big three auto makers made Detroit one of the wealthiest cities to live in and work. Now house prices are rising again – is Detroit to be the fastest recovering economy ever seen? It certainly looks that way.

The City of Detroit is the largest city in the great State of Michigan. It is home to the auto giants Ford, Chrysler, and General Motors. It employs tens of thousands of people, and at its prime, was a very vibrant and proud city with low crime and enviable growth.

The tide changed over the years. With the automotive industry in the United States becoming more and more weak in the global economy, Detroit was now poised to be a lesser city that it used to be. Jobs became more and more scarce for a city that mostly knew how to produce the best cars and trucks the world has ever seen. Home prices have fallen to record lows.

Competition became more and more stiff. Japan was building cars and trucks that were being bought the world over due to their quality and better fuel economy. In addition, their prices were good and that attracted more and more customers away from buying American. Automotive loyalties changed.

Crime in the city rose, and with the loss of jobs, many families moved from the city limits to the surrounding suburbs. This left the city with abandoned homes and businesses. Detroit was feeling the pressure.

Schools were in decline and the graduation rates for students was dropping. It was hard for the city to rebuild its image, and its economy. And what was worse, was the obvious decline of the motor industry that was felt throughout the world. It seemed that Detroit’s automotive hold and place in the world was over for good.

Now, with the help of the US taxpayer and the new Obama Administration, all big three automakers are back making money, and they are making it back quickly with Ford and GM releasing reports of bumper profits for the past 2 years. Newer cars and trucks with better quality and much better fuel economy is drawing back customers and new jobs are being created. A brand new Ford plant in Detroit to build the first production electric car is already under way – ‘Motor city’ has pledged it’s eligance to Detroit.

Detroit is embarking on a new image with movie studios, a direction they have never been in before. Detroit is making a huge comeback. Now, Detroit house prices are rising – is Detroit to be the fastest recovering economy ever seen. The future looks bright.

New 12 month rental & maintenance guarantee on our Detroit program

Hi All,
Our Detroit program is well into it’s second year now and steaming ahead. We’ve successfully completed 50 investments for our clients in this time….

We’ve targeted new areas, enlisted another property manager, and offered a 10% discount for cash buyers.

Now even better, we’re offering a 12 month rental and maintenance guarantee instead of the six months we previously offered.

There is no other company that can offer a package like this:

• 10% discount for cash buyers ($36,000 purchase)
• 12 month rental and maintenance guarantee **NEW**
• Mortgage guarantee; Low interest, fixed rates for the life of loan!
• Guaranteed minimum 13% NET ROI
• A full turn-key service

You can read our updated Detroit Investment Guide >