Why Invest In Detroit

Invest in Detroit with the help of our experienced Metro Property Management team. We are experts in helping you invest in the Detroit Real Estate market and take advantage of the incredible Detroit Investment Properties. Our commitment to securing your investment assisted us in becoming a leader in Metro Detroit Real Estate Investing and in Detroit Property Management. We have assisted several investors with investing millions of dollars in Detroit Real Estate over the past few years. Whether you are just starting in buying real estate, or seasoned in real estate investing, we have a lot to offer and help you meet your real estate business goals.

We believe that now is the time to Invest in Real Estate in Detroit, purchase these properties at very low prices, and secure a monthly cashflow return through becoming a landlord. What distinguishes us from others is not only our more than 30 years of experience in the Detroit Real Estate market, not only our commitment to your satisfaction, but also our Detroit Property Management team that is dedicated to maintaining your investment at the highest quality standard.

We believe that Detroit Real Estate is the optimal investment. Several of our investor properties have a very high ROI, even exceeding 17%. Check out list of our latest Detroit Turnkey Property Investments, and contact us today to setup an investment portfolio catered to your budget and goals, and help you take advantage of the incredible buyers market that is Detroit Real Estate!

Detroit News

Detroit Gets ~$200 Million from State of Michigan

During the week of June 23rd, 2014, Michigan Governor Rick Snyder signed a series of bills that vouches $195 million to Detroit. This large amount of money will be a great contribution to getting the city out of bankruptcy. The bill was signed at the 122-year-old Detroit's Globe Trading Co. building that was once an auto manufacturing facility.

There are plans to revitalize the Globe Trading Co. building, which has been vacant for 20 years. After a $12.8 million investment from the State of Michigan, the building was converted into a the riverside park's recreation center (William G. Milliken State Park)

The $195 million that will be given to Detroit comes with its own set of rules to ensure its effectiveness and expenditure. According to USA Today, one of the nation's leading newspapers, "a nine-member commission will oversee the city's finances, budgets and contracts for at least 13 years and set the level of contributions made to city employees' retirement and health care plans."

Detroit's bankruptcy has come a long way. In the last several months, many different businesses, organizations, and charities have contributed to Detroit's comeback in all different aspects. The nations largest bank (J.P. Morgan Chase) recently invested $100 million. The three Detroit-based automakers have collectively invested a large sum of money into the city's revitalization, creating jobs, upgrading facilities, and increasing Detroit's revenues. On the residential scales, Metro Property Group has rehabilitated over 800 homes to some of the highest standards in the city.

Chrysler Invests in Detroit metro: $63M to boost production at local stamping plant

A local Chrysler stamping plant is looking to expand its capacity by up to ~3.6 million parts a year. Mauri Pino, Chrysler’s VP of manufacturing, stated that their assembly plants’ production “has nearly tripled in the past five years” and this expansion will cost Chrysler 63 million U.S. dollars. The particular plant employs about 2,000 and has been operating for 65 years!

This is yet another investment that the automotive industry of the Motor City is making in Detroit. Chrysler, headquartered in suburban Detroit, is a global automotive company that is part of the international holding company ‘Fiat Chrysler Automobiles, NV’. As of December 2012, Chrysler Group LLC employed 65,535 employees (Source: SECURITIES AND EXCHANGE COMMISSION Form 10-K)

Local, national, and global companies continue to acknowledge the many benefits of investing in Detroit. Contact Us today and one of our professional team members can help you understands the advantages of Detroit Real Estate Investments.

Mayor’s Office Says Property Taxes Will See a 5%-20% Decrease

Mayor Duggan recently announced that over the next three years, Detroit’s properties will be reassessed in an effort to accurately tax homes based on the true value. This is positive news for both primary homeowners and investors alike. Investors can enjoy the extra returns due to a lower yearly tax bill.

Crain’s Detroit Business Reports Detroit Home Sales “Up Sharply” in 2013 – 17.29% Increase

Across the U.S, home prices rose 13.6% - in Detroit, there was a 17.29% increase in prices from a year ago. This home price increase was “the most in more than seven years, signaling the real-estate rebound will keep bolstering household wealth in 2014” reports Crain’s.

Detroit Home prices, home values, and selling prices have been on the incline and economic development in the city has been coincided with the same trends. Metro Property Group has seen tremendous improvement in the Detroit Real Estate Market over the last few years. Foreclosure rates have continuously declined, while home prices, values, and rental rates increased.

Zillow Reports Detroit Metro Home Prices & Values Rise

According to the leading real estate database, home values in Detroit Metro are up 16.3% over the past year and Zillow predicts they will continue to rise. Additionally, the “median list price per square foot in Detroit Metro is $96, which is higher than the Michigan average of $92.” Additionally, the median rent price in metro Detroit is equal to that of Michigan’s, at $850. Homes within the city limit of Detroit are still better-priced than those in the suburbs, making Detroit's rental yield relatively higher.