Detroit Property Investment Services LLC

04/02/2019

Exciting new property packages coming soon watch this space

08/07/2018

I joined WestLand Storage and now got stable income. Try it for free!

27/09/2017

There can be little doubt that a solid off shore investment can be of enormous benefit to the South african Investor

Amid stifling economic growth in South Africa and crippling government policies, the country has become a land of no growth.

23/09/2017

PROPERTY DESCRIPTION
This three-story, three-bedroom single-family brick bungalow is located in the Grandmont Rosedale section of Detroit. Built in 1938, the home is nearly 2,000 square feet and rests on a 4,791-square-foot lot. Other features include a detached one-car garage, mud room, fireplace and wood built-ins.
PROPERTY DETAILS
Neighborhood/Zip: Grandmont Rosedale/48227
Area Size: 1,281 Square Feet
Bedrooms: 3
Bathrooms: 1
INVESTMENT DETAILS
ROI: 21.72%
Net Annual Income: $7,167.69
Monthly Rent: $840.00
Taxes: $1,464.31
Management: $1,008.00
Insurance: $440.00

24/08/2017

Your new Detroit property market report

July’s housing market figures are out.

And it has been another good month for property in Metro Detroit.

The median sales price is up 5.71% year-on-year.

It now stands at US$ 185,000.

That is up from US$ 175,000 in July 2016.

And in Wayne County (where most of our properties are located) prices rose 7.37%.

From US$ 127,500 to US$ 136,900.

Take a look for yourself…
May Median Sales Prices in Metro Detroit

Sales were down slightly by 1.59%.

There were 5,542 last month compared to 5,630 in July 2016.

Meanwhile, inventory continues to fall.

You see, last month there were just 12,695 properties on the market – compared to 19,220 in July 2016.

That’s a decrease of 6,525 properties or 33.95%.

And it means there is only 2.29 months of inventory available at July’s sales pace.

On top of that, property is selling faster than ever.

It now takes just 27 days to sell a property in Detroit, on average.

That is 9 days less than in July 2016.

Vice president of RE/MAX Southeastern Michigan, Jeanette Schneider, tells you more…

“Median sales prices continued their way upward. This is a result of buyer demand outpacing available inventory. While the market is favoring sellers at the moment and they are seeing their home value rise, buyers can still take advantage of favorable interest rates when they find the right home.”

What’s more, foreclosures are still tumbling.

In fact, over the past 12 months foreclosure sales have fallen by 31.94%.

There were just 196 last month – compared to 288 in July 2016.

To summarise for you…

Median sales price up 5.71% in Metro Detroit

Median sales price up 7.37% in Wayne County

Sales down 1.59%

Inventory down 33.95%

Foreclosures down 31.94%
These are all good signs the Detroit property market is getting stronger and stronger.

But although the median sales price in Wayne County is now US$ 136,900.

I can still offer you fully renovated, tenanted properties from just US$ 39,998.

And you will earn rental returns up to 17.46% net.

But the way the market is moving means your opportunity will soon be gone.

So if you would like to see what’s on offer – just ask me

10/04/2017

Let us shoe you how.contact me for all the details

‘Plan B’ alternatives attractive to local high net-worth South African investors seeking dual citizenship or immigration.

01/03/2017

The Rand is enjoying a fantastic rally, frequently dipping below R13 to the US Dollar. Here are three ways you can make smart use of this strong Rand.

18/02/2017

Rent $700 per month (long term tenant)
Taxes only $750 a year
Management $900 a year
Insurance $900 per year

Total Expenses of $2550 per year
Net Operating Income of $5850 per year = R76400 pa

Investment Market Price $36900 =R480,000

11/02/2017

01/11/2016

Or you can buy US investment property. There has never been a better time

Whatever your concern, as one serious about your financial wellbeing, you need to consider a portion of your total portfolio being invested offshore.

26/05/2016

2011 marked a 20-year high against the US Dollar, but that is all a distant memory now. A perfect storm- consisting of questionable national politics, a slump in emerging markets and an ongoing global commodity rout- has caused the Rand to devalue. South African investors are now looking offshore. W...

12/05/2016

Start Benefiting From The Amazingly Affordable, Growth and Cash Flow Opportunities Available In US Real Estate Investing Why property experts are calling American real estate the perfect storm for ...